Return on Assets (ROA)
since 2006
Calculation
GameStop Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss)1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Feb 3, 2024 | 0.25% | = | 100 | × | 6,700) | ÷ | 2,709,000) |
| Jan 28, 2023 | -10.06% | = | 100 | × | (313,100) | ÷ | 3,113,400) |
| Jan 29, 2022 | -10.90% | = | 100 | × | (381,300) | ÷ | 3,499,300) |
| Jan 30, 2021 | -8.71% | = | 100 | × | (215,300) | ÷ | 2,472,600) |
| Feb 1, 2020 | -16.70% | = | 100 | × | (470,900) | ÷ | 2,819,700) |
| Feb 2, 2019 | -16.64% | = | 100 | × | (673,000) | ÷ | 4,044,300) |
| Feb 3, 2018 | 0.69% | = | 100 | × | 34,700) | ÷ | 5,041,600) |
| Jan 28, 2017 | 7.10% | = | 100 | × | 353,200) | ÷ | 4,975,900) |
| Jan 30, 2016 | 9.29% | = | 100 | × | 402,800) | ÷ | 4,334,900) |
| Jan 31, 2015 | 9.26% | = | 100 | × | 393,100) | ÷ | 4,246,300) |
| Feb 1, 2014 | 8.66% | = | 100 | × | 354,200) | ÷ | 4,091,400) |
| Feb 2, 2013 | -6.52% | = | 100 | × | (269,700) | ÷ | 4,133,600) |
| Jan 28, 2012 | 7.01% | = | 100 | × | 339,900) | ÷ | 4,847,400) |
| Jan 29, 2011 | 8.06% | = | 100 | × | 408,000) | ÷ | 5,063,800) |
| Jan 30, 2010 | 7.61% | = | 100 | × | 377,265) | ÷ | 4,955,327) |
| Jan 31, 2009 | 8.83% | = | 100 | × | 398,282) | ÷ | 4,512,590) |
| Feb 2, 2008 | 7.64% | = | 100 | × | 288,291) | ÷ | 3,775,891) |
| Feb 3, 2007 | 4.72% | = | 100 | × | 158,250) | ÷ | 3,349,584) |
| Jan 28, 2006 | 3.34% | = | 100 | × | 100,784) | ÷ | 3,015,119) |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28).
1 US$ in thousands
- Net Income (Loss)
- The net income of the company demonstrated an overall upward trend from 2006 through 2012, peaking in 2011 at 408,000 thousand US dollars. This was followed by a sharp decline in 2013, resulting in a net loss of 269,700 thousand US dollars. Between 2014 and 2017, the company returned to profitability, exhibiting positive net income figures ranging between 34,700 and 402,800 thousand US dollars. However, starting in 2018, a significant and persistent negative trend emerged, with losses continuing through 2023. The extent of these losses peaked in 2019, recording a loss of 673,000 thousand US dollars. In 2024, the financials showed a slight recovery, with net income becoming marginally positive at 6,700 thousand US dollars.
- Total Assets
- Total assets grew steadily from 2006 to 2012, reaching a high point of approximately 5,063,800 thousand US dollars in 2011. After this peak, there was volatility and a downward trend beginning in 2013, with assets dropping to a low of 2,479,600 thousand US dollars in 2021. Although there was some recovery in 2022, assets decreased again in subsequent periods, reaching around 2,709,000 thousand US dollars in 2024. These fluctuations suggest varying asset base management and potentially asset write-downs or disposals in recent years.
- Return on Assets (ROA)
- ROA followed a pattern consistent with net income trends, starting relatively low at 3.34% in 2006 and rising steadily to 8.83% by 2009. It remained positive but fluctuating through 2012. A sharp negative ROA was observed in 2013 at -6.52%, coinciding with a net loss during that period. From 2014 to 2017, ROA returned to positive values, peaking near 9.29%, reflecting satisfactory asset utilization. Starting in 2018, ROA seriously deteriorated, plunging to -16.64% and maintaining negative territory through 2023, indicative of unprofitable operations and inefficient asset use. A modest improvement occurred in 2024, with ROA rising close to zero at 0.25%, but it remained marginal.
- Overall Insights
- The data reveal a period of growth and profitability spanning 2006 to the early 2010s, with positive net income, asset growth, and healthy returns on assets. Beginning in 2013, followed by the period post-2017, the company faced significant financial challenges marked by recurring net losses, declining asset base, and negative returns. The worst financial performance was observed in 2018 and 2019, with some signs of stabilization or slight recovery in 2024. The trends suggest operational and financial difficulties requiring strategic attention to restore profitability and asset efficiency.
Comparison to Competitors
GameStop Corp., ROA, long-term trends, comparison to competitors
| GameStop Corp. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Feb 3, 2024 | 0.25% | 9.48% | 19.79% | 18.49% | 15.04% |
| Jan 28, 2023 | -10.06% | 5.76% | 22.38% | 14.73% | 12.34% |
| Jan 29, 2022 | -10.90% | -0.59% | 22.86% | 18.91% | 11.53% |
| Jan 30, 2021 | -8.71% | 7.93% | 18.23% | 12.49% | 0.29% |
| Feb 1, 2020 | -16.70% | 6.64% | 21.94% | 10.85% | 13.55% |
| Feb 2, 2019 | -16.64% | 5.14% | 25.27% | 6.71% | 21.36% |
| Feb 3, 2018 | 0.69% | 6.19% | 19.38% | 9.77% | 18.55% |
| Jan 28, 2017 | 7.10% | 2.31% | 18.52% | 8.99% | 17.84% |
| Jan 30, 2016 | 9.29% | 2.84% | 16.47% | 8.14% | 19.81% |
| Jan 31, 2015 | 9.26% | 0.91% | 15.88% | 8.48% | 19.91% |
| Feb 1, 2014 | 8.66% | -0.44% | 13.29% | 6.98% | 20.95% |
| Feb 2, 2013 | -6.52% | 0.68% | 11.04% | 6.00% | 20.05% |
| Jan 28, 2012 | 7.01% | -0.12% | 9.58% | 5.48% | 18.07% |
| Jan 29, 2011 | 8.06% | 2.50% | 8.32% | 5.96% | 16.85% |
| Jan 30, 2010 | 7.61% | 6.13% | 6.51% | 5.40% | 16.26% |
| Jan 31, 2009 | 8.83% | 6.53% | 5.49% | 6.72% | 14.25% |
| Feb 2, 2008 | 7.64% | 7.76% | 9.92% | 9.10% | 11.69% |
| Feb 3, 2007 | 4.72% | 7.34% | 11.02% | 11.18% | 12.13% |
| Jan 28, 2006 | 3.34% | 4.35% | 13.12% | 11.23% | 12.56% |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
GameStop Corp., ROA, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| GameStop Corp. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Feb 3, 2024 | 0.25% | 11.20% |
| Jan 28, 2023 | -10.06% | 8.50% |
| Jan 29, 2022 | -10.90% | 4.19% |
| Jan 30, 2021 | -8.71% | 9.17% |
| Feb 1, 2020 | -16.70% | 9.20% |
| Feb 2, 2019 | -16.64% | 8.83% |
| Feb 3, 2018 | 0.69% | 9.65% |
| Jan 28, 2017 | 7.10% | 7.39% |
| Jan 30, 2016 | 9.29% | 8.42% |
| Jan 31, 2015 | 9.26% | 7.99% |
| Feb 1, 2014 | 8.66% | 6.94% |
| Feb 2, 2013 | -6.52% | 7.03% |
| Jan 28, 2012 | 7.01% | 6.25% |
| Jan 29, 2011 | 8.06% | 6.84% |
| Jan 30, 2010 | 7.61% | 6.80% |
| Jan 31, 2009 | 8.83% | 6.65% |
| Feb 2, 2008 | 7.64% | 9.57% |
| Feb 3, 2007 | 4.72% | 10.89% |
| Jan 28, 2006 | 3.34% | 12.01% |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28).
Comparison to Industry (Consumer Discretionary)
GameStop Corp., ROA, long-term trends, comparison to industry (consumer discretionary)
| GameStop Corp. | Consumer Discretionary | |
|---|---|---|
| Feb 3, 2024 | 0.25% | 8.18% |
| Jan 28, 2023 | -10.06% | 7.66% |
| Jan 29, 2022 | -10.90% | 4.94% |
| Jan 30, 2021 | -8.71% | 8.07% |
| Feb 1, 2020 | -16.70% | 4.42% |
| Feb 2, 2019 | -16.64% | 5.57% |
| Feb 3, 2018 | 0.69% | 5.96% |
| Jan 28, 2017 | 7.10% | 4.05% |
| Jan 30, 2016 | 9.29% | 5.57% |
| Jan 31, 2015 | 9.26% | 6.25% |
| Feb 1, 2014 | 8.66% | 4.75% |
| Feb 2, 2013 | -6.52% | 5.52% |
| Jan 28, 2012 | 7.01% | 5.65% |
| Jan 29, 2011 | 8.06% | 9.48% |
| Jan 30, 2010 | 7.61% | 6.05% |
| Jan 31, 2009 | 8.83% | 4.67% |
| Feb 2, 2008 | 7.64% | 0.21% |
| Feb 3, 2007 | 4.72% | 2.85% |
| Jan 28, 2006 | 3.34% | 0.60% |
Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-02-03), 10-K (reporting date: 2006-01-28).