Walgreens Boots Alliance Inc (WBA)
Return on assets (ROA)
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -8,636,000 | -5,811,000 | -6,037,000 | 574,000 | -3,080,000 | -3,315,000 | -3,144,000 | -2,964,000 | 4,337,000 | 5,379,000 | 6,287,000 | 6,430,000 | 2,542,000 | 2,288,000 | -617,000 | -697,000 | 456,000 | 760,000 | 3,493,000 | 3,703,000 |
| Total assets | US$ in thousands | 81,037,000 | 82,985,000 | 84,207,000 | 97,823,000 | 96,628,000 | 98,605,000 | 100,479,000 | 92,875,000 | 90,124,000 | 92,759,000 | 92,683,000 | 96,507,000 | 81,285,000 | 91,920,000 | 90,920,000 | 89,167,000 | 87,174,000 | 86,444,000 | 90,003,000 | 90,807,000 |
| ROA | -10.66% | -7.00% | -7.17% | 0.59% | -3.19% | -3.36% | -3.13% | -3.19% | 4.81% | 5.80% | 6.78% | 6.66% | 3.13% | 2.49% | -0.68% | -0.78% | 0.52% | 0.88% | 3.88% | 4.08% |
August 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-8,636,000K ÷ $81,037,000K
= -10.66%
Over the past five years, Walgreens Boots Alliance Inc has exhibited varying levels of return on assets (ROA). The ROA has fluctuated from a low of -10.66% in August 2024 to a high of 6.78% in February 2022. The negative ROA values in recent periods indicate that the company's assets are not generating sufficient profits. However, there was a noticeable improvement in ROA from negative levels in recent periods to positive figures in earlier periods. This suggests that the company has been able to enhance its efficiency in generating profits from its assets over the years. Overall, the trend in ROA indicates a mixed performance in asset utilization and profitability for Walgreens Boots Alliance Inc during the period under review.
Peer comparison
Aug 31, 2024
See also:
Walgreens Boots Alliance Inc Return on Assets (ROA) (Quarterly Data)