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Destination XL Group (Destination XL Group) ROA % : 5.73% (As of Jan. 2024)


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What is Destination XL Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Destination XL Group's annualized Net Income for the quarter that ended in Jan. 2024 was $20.9 Mil. Destination XL Group's average Total Assets over the quarter that ended in Jan. 2024 was $365.2 Mil. Therefore, Destination XL Group's annualized ROA % for the quarter that ended in Jan. 2024 was 5.73%.

The historical rank and industry rank for Destination XL Group's ROA % or its related term are showing as below:

DXLG' s ROA % Range Over the Past 10 Years
Min: -18.5   Med: -2.84   Max: 28.27
Current: 7.82

During the past 13 years, Destination XL Group's highest ROA % was 28.27%. The lowest was -18.50%. And the median was -2.84%.

DXLG's ROA % is ranked better than
78.44% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 2.195 vs DXLG: 7.82

Destination XL Group ROA % Historical Data

The historical data trend for Destination XL Group's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Destination XL Group ROA % Chart

Destination XL Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.53 -18.50 19.33 28.27 7.86

Destination XL Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.63 7.98 13.30 4.44 5.73

Competitive Comparison of Destination XL Group's ROA %

For the Apparel Retail subindustry, Destination XL Group's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Destination XL Group's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Destination XL Group's ROA % distribution charts can be found below:

* The bar in red indicates where Destination XL Group's ROA % falls into.



Destination XL Group ROA % Calculation

Destination XL Group's annualized ROA % for the fiscal year that ended in Jan. 2024 is calculated as:

ROA %=Net Income (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=27.854/( (350.598+357.741)/ 2 )
=27.854/354.1695
=7.86 %

Destination XL Group's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=20.936/( (372.66+357.741)/ 2 )
=20.936/365.2005
=5.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jan. 2024) net income data. ROA % is displayed in the 30-year financial page.


Destination XL Group  (NAS:DXLG) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=20.936/365.2005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.936 / 548.568)*(548.568 / 365.2005)
=Net Margin %*Asset Turnover
=3.82 %*1.5021
=5.73 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Destination XL Group ROA % Related Terms

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Destination XL Group (Destination XL Group) Business Description

Traded in Other Exchanges
N/A
Address
555 Turnpike Street, Canton, MA, USA, 02021
Destination XL Group Inc is a retailer of branded and designer men's clothing and footwear in the United States. The company sells shirts, outerwear, suits, sleepwear, footwear and other accessories through branded stores like Polo, Reebok, Oak Hill, Robert Graham, Lacoste, Levi's and True Nation. It also sells products across the world.
Executives
Robert S Molloy officer: Vice President,General Counsel C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Jack Boyle director C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Anthony Gaeta officer: SVP, Store Sales & Operations 555 TURNPIKE STREET, CANTON MA 02021
Allison Surette officer: SVP, GMM C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Dara Pauker officer: Chief Operating Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
John F Cooney officer: Chief Accounting Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Stacey Jones officer: Chief Human Resources Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Ivy Ross director C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Francis C Chane officer: VP, Distribution & Logistics C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Stratton Peter H Jr. officer: SVP Finance,Controller,CAO C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Ujjwal Dhoot officer: Chief Digital Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
James Reath officer: Chief Marketing Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Willem Mesdag director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067