Williams-Sonoma Inc (WSM)

Operating return on assets (Operating ROA)

Jan 28, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Nov 1, 2020 Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019
Operating income (ttm) US$ in thousands 1,244,193 1,255,889 1,280,445 1,374,418 1,498,422 1,553,207 1,543,841 1,501,420 1,453,116 1,330,631 1,274,968 1,137,229 910,697 712,296 539,583 440,387 465,874 463,041 455,534 443,535
Total assets US$ in thousands 5,273,550 4,883,770 4,571,810 4,471,040 4,663,020 4,594,010 4,319,170 4,210,710 4,625,620 4,477,320 4,245,040 4,110,240 4,661,420 4,310,680 4,487,300 4,418,120 4,054,040 3,963,820 3,869,680 3,788,360
Operating ROA 23.59% 25.72% 28.01% 30.74% 32.13% 33.81% 35.74% 35.66% 31.41% 29.72% 30.03% 27.67% 19.54% 16.52% 12.02% 9.97% 11.49% 11.68% 11.77% 11.71%

January 28, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,244,193K ÷ $5,273,550K
= 23.59%

Williams-Sonoma Inc's operating return on assets (operating ROA) has displayed fluctuations over the periods presented in the data. The operating ROA ranged from 9.97% to 35.74% during the time frame. The highest operating ROA was recorded at 35.74% in July 31, 2022, and the lowest at 9.97% in May 3, 2020.

The trend of the operating ROA indicates some variability but generally shows a decreasing pattern from 2019 to 2022, with a slight increase in 2023. This suggests a potential decline in the efficiency of the company's asset utilization and profitability over the mentioned period.

It is worth noting that while the operating ROA experienced fluctuations, it remained above 10% in most instances, indicating that Williams-Sonoma Inc has been able to generate positive returns from its operational activities relative to its assets. However, the decreasing trend in recent periods may warrant further examination to identify the factors influencing the company's profitability and efficiency in asset management.