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Ollie's Bargain Outlet Holdings (NAS:OLLI) ROA %

: 4.61% (As of Oct. 2022)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ollie's Bargain Outlet Holdings's annualized Net Income for the quarter that ended in Oct. 2022 was $92 Mil. Ollie's Bargain Outlet Holdings's average Total Assets over the quarter that ended in Oct. 2022 was $2,005 Mil. Therefore, Ollie's Bargain Outlet Holdings's annualized ROA % for the quarter that ended in Oct. 2022 was 4.61%.

The historical rank and industry rank for Ollie's Bargain Outlet Holdings's ROA % or its related term are showing as below:

OLLI' s ROA % Range Over the Past 10 Years
Min: 2.22   Med: 7.92   Max: 13.48
Current: 4.76

During the past 9 years, Ollie's Bargain Outlet Holdings's highest ROA % was 13.48%. The lowest was 2.22%. And the median was 7.92%.

OLLI's ROA % is ranked better than
62.5% of 304 companies
in the Retail - Defensive industry
Industry Median: 2.97 vs OLLI: 4.76

Ollie's Bargain Outlet Holdings ROA % Historical Data

The historical data trend for Ollie's Bargain Outlet Holdings'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.

Ollie's Bargain Outlet Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.28 12.29 10.24 13.48 7.92

Ollie's Bargain Outlet Holdings Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
ROA % 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 Premium Member Only Premium Member Only Premium Member Only 4.65 9.13 2.53 2.83 4.61

Competitive Comparison

For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings'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.

   

Ollie's Bargain Outlet Holdings ROA % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's ROA % falls in comparison to its industry or sector. The grey bar indicates the ROA %'s extreme value range as defined by GuruFocus.



Ollie's Bargain Outlet Holdings ROA % Calculation

Ollie's Bargain Outlet Holdings's annualized ROA % for the fiscal year that ended in Jan. 2022 is calculated as:

ROA %=Net Income (A: Jan. 2022 )/( (Total Assets (A: Jan. 2021 )+Total Assets (A: Jan. 2022 ))/ count )
=157.455/( (2005.855+1972.172)/ 2 )
=157.455/1989.0135
=7.92 %

Ollie's Bargain Outlet Holdings's annualized ROA % for the quarter that ended in Oct. 2022 is calculated as:

ROA %=Net Income (Q: Oct. 2022 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Oct. 2022 ))/ count )
=92.328/( (1999.186+2009.968)/ 2 )
=92.328/2004.577
=4.61 %

* 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 (Oct. 2022) net income data. ROA % is displayed in the 30-year financial page.


Ollie's Bargain Outlet Holdings  (NAS:OLLI) 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: Oct. 2022 )
=Net Income/Total Assets
=92.328/2004.577
=(Net Income / Revenue)*(Revenue / Total Assets)
=(92.328 / 1672.288)*(1672.288 / 2004.577)
=Net Margin %*Asset Turnover
=5.52 %*0.8342
=4.61 %

Note: The Net Income data used here is four times the quarterly (Oct. 2022) net income data. The Revenue data used here is four times the quarterly (Oct. 2022) 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.


Ollie's Bargain Outlet Holdings ROA % Related Terms

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Ollie's Bargain Outlet Holdings (NAS:OLLI) Business Description

Ollie's Bargain Outlet Holdings logo
Traded in Other Exchanges
Address
6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112
Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
Executives
Abid Rizvi director C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Robert F Helm officer: See Remarks 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
James J Comitale officer: SVP, General Counsel 30 HUNTER LANE, CAMP HILL PA 17011
Van Der Valk Eric officer: EVP, COO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Larry Kraus officer: VP, CIO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Scott Osborne officer: VP, Store Operations C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Ray Daugherty officer: SVP, Supply Chain C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Alissa M Ahlman director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael L Bangs 10 percent owner 429 SOUTH 18TH STREET, CAMP HILL PA 17011
Stephen W White director 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Ccmp Capital Gp, Llc 10 percent owner 1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Howard Freedman officer: VP, Merchandising 1262 BROCKIE DRIVE, YORK PA 17403
Mark L Butler officer: President, CEO 1701 NEWVILLE ROAD, CARLISLE PA 17055
Stanley Fleishman director
Kevin Mclain officer: SVP, Merchandising 1405 SUMMIT WAY, MECHNICSBURG PA 17050

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