Canada Goose Holdings (TSX:GOOS) Asset Turnover: 0.26 (As of Mar. 2026)


TSX:GOOS Canada Goose Holdings Inc TSX:GOOS
82 GF Score
Price C$13.66
GF Value C$19.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Canada Goose Holdings Asset Turnover?

Canada Goose Holdings TSX:GOOS +3.96% 82 Asset Turnover is 0.26 as of Mar. 2026. GuruFocus rates TSX:GOOS with a GF Score™ of 82/100 and a GF Value™ of C$19.27 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Canada Goose Holdings's Revenue for the three months ended in Mar. 2026 was C$453 Mil. Canada Goose Holdings's Total Assets for the quarter that ended in Mar. 2026 was C$1,775 Mil. Therefore, Canada Goose Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Canada Goose Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 19.15%. It is also linked to ROA % through Du Pont Formula. Canada Goose Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 6.33%.


Canada Goose Holdings  (TSX:GOOS) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Canada Goose Holdings's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=112.4/586.9
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(112.4 / 1813.2)*(1813.2 / 1774.9)*(1774.9/ 586.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.2 %*1.0216*3.0242
=ROA %*Equity Multiplier
=6.33 %*3.0242
=19.15 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Canada Goose Holdings's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=112.4/1774.9
=(Net Income / Revenue)*(Revenue / Total Assets)
=(112.4 / 1813.2)*(1813.2 / 1774.9)
=Net Margin %*Asset Turnover
=6.2 %*1.0216
=6.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Canada Goose Holdings Asset Turnover Related Terms


Canada Goose Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Canada Goose Holdings's Asset Turnover 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.

Canada Goose Holdings Asset Turnover Chart

Canada Goose Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.83 0.87 0.87 0.90

Canada Goose Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.23 0.07 0.17 0.41 0.26

TSX:GOOS vs RL, LEVI, VFC: Asset Turnover Comparison

For the Apparel Manufacturing subindustry, Canada Goose Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


Canada Goose Holdings Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Canada Goose Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Canada Goose Holdings's Asset Turnover falls into.


TSX:GOOS
82GF Score
Canada Goose Holdings Inc TSX:GOOS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Canada Goose Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Canada Goose Holdings's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=1528.2/( (1631.9+1753.2)/ 2 )
=1528.2/1692.55
=0.90

Canada Goose Holdings's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=453.3/( (1796.6+1753.2)/ 2 )
=453.3/1774.9
=0.26

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.26 mean?
Canada Goose Holdings (TSX:GOOS) has a Asset Turnover of 0.26 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Canada Goose Holdings and its competitors.
Is Canada Goose Holdings' Asset Turnover too high?
Canada Goose Holdings' current Asset Turnover is 0.26. Overall, Canada Goose Holdings has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canada Goose Holdings' Asset Turnover compare to RL and LEVI?
Canada Goose Holdings' Asset Turnover of 0.26 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Canada Goose Holdings and its competitors. Canada Goose Holdings's current Asset Turnover is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Goose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Canada Goose Holdings (TSX:GOOS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$19.27, compared to a current price of C$13.66 — trading 29.1% below its estimated fair value. The current Asset Turnover is 0.26. Canada Goose Holdings' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Canada Goose Holdings (TSX:GOOS), the current Asset Turnover is 0.26 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canada Goose Holdings (TSX:GOOS) Overvalued in 2026?

Based on GuruFocus' analysis, Canada Goose Holdings stock appears to be undervalued. The current stock price of C$13.66 is trading 29.1% below its estimated GF Value™ of C$19.27. GuruFocus considers Canada Goose Holdings to be Modestly Undervalued.

Key valuation signals for TSX:GOOS:

  • Asset Turnover: 0.26
  • GF Value™: C$19.27 vs. price of C$13.66 (29.1% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TSX:GOOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canada Goose Holdings Business Description

Other Exchanges GOOS:USA0UNA:UK1GC:Germany
Address 100 Queens Quay East, Floor 22, Toronto, ON, CAN, M5E 1V3
Canada Goose Holdings Inc is a Canada-based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale; Direct to Consumer (DTC), and Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of retailers and international distributors, who are partners that have exclusive rights to an entire market, and travel retail locations. Geographically, it has a presence in Canada, the United States, North America, Greater China, Asia-Pacific, and Europe, the Middle East, and Africa.
82GF Score

Get the complete analysis for TSX:GOOS

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$13.66
Price
C$19.27
GF Value