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Bed Bath & Beyond (Bed Bath & Beyond) ROA % : -287.57% (As of Feb. 2023)


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What is Bed Bath & Beyond ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bed Bath & Beyond's annualized Net Income for the quarter that ended in Feb. 2023 was $-9,528 Mil. Bed Bath & Beyond's average Total Assets over the quarter that ended in Feb. 2023 was $3,313 Mil. Therefore, Bed Bath & Beyond's annualized ROA % for the quarter that ended in Feb. 2023 was -287.57%.

The historical rank and industry rank for Bed Bath & Beyond's ROA % or its related term are showing as below:

BBBYQ' s ROA % Range Over the Past 10 Years
Min: -99.05   Med: 1.84   Max: 16
Current: -81.92

During the past 13 years, Bed Bath & Beyond's highest ROA % was 16.00%. The lowest was -99.05%. And the median was 1.84%.

BBBYQ's ROA % is not ranked
in the Retail - Cyclical industry.
Industry Median: 2.18 vs BBBYQ: -81.92

Bed Bath & Beyond ROA % Historical Data

The historical data trend for Bed Bath & Beyond'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.

Bed Bath & Beyond ROA % Chart

Bed Bath & Beyond Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.02 -8.55 -2.12 -9.66 -95.13

Bed Bath & Beyond Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 -11.80 -28.39 -30.46 -34.67 -287.57

Competitive Comparison of Bed Bath & Beyond's ROA %

For the Specialty Retail subindustry, Bed Bath & Beyond'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.


Bed Bath & Beyond's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bed Bath & Beyond's ROA % distribution charts can be found below:

* The bar in red indicates where Bed Bath & Beyond's ROA % falls into.



Bed Bath & Beyond ROA % Calculation

Bed Bath & Beyond's annualized ROA % for the fiscal year that ended in Feb. 2023 is calculated as:

ROA %=Net Income (A: Feb. 2023 )/( (Total Assets (A: Feb. 2022 )+Total Assets (A: Feb. 2023 ))/ count )
=-3498.801/( (5130.572+2225.217)/ 2 )
=-3498.801/3677.8945
=-95.13 %

Bed Bath & Beyond's annualized ROA % for the quarter that ended in Feb. 2023 is calculated as:

ROA %=Net Income (Q: Feb. 2023 )/( (Total Assets (Q: Nov. 2022 )+Total Assets (Q: Feb. 2023 ))/ count )
=-9528.04/( (4401.426+2225.217)/ 2 )
=-9528.04/3313.3215
=-287.57 %

* 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 (Feb. 2023) net income data. ROA % is displayed in the 30-year financial page.


Bed Bath & Beyond  (OTCPK:BBBYQ) 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: Feb. 2023 )
=Net Income/Total Assets
=-9528.04/3313.3215
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-9528.04 / 4740.548)*(4740.548 / 3313.3215)
=Net Margin %*Asset Turnover
=-200.99 %*1.4308
=-287.57 %

Note: The Net Income data used here is four times the quarterly (Feb. 2023) net income data. The Revenue data used here is four times the quarterly (Feb. 2023) 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.


Bed Bath & Beyond ROA % Related Terms

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Bed Bath & Beyond (Bed Bath & Beyond) Business Description

Traded in Other Exchanges
N/A
Address
650 Liberty Avenue, Union, NJ, USA, 07083
Bed Bath & Beyond Inc is a specialty home retailer in the U.S that sells a wide assortment of domestic merchandise and home furnishings, the assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies the firm has divested the online retailer Personalizationmall.com, One Kings Lane, Christmas Tree Shops and That (gifts/housewares), Linen Holdings, and Cost Plus World Market in recent years.
Executives
Carol Flaton director 1001 LOUISIANA STREET, HOUSTON TX 77002
Scott Lindblom officer: EVP, Chief Tech & Digital OFC 650 LIBERTY AVENUE, UNION NJ 07083
Patty Wu officer: EVP, BRAND PRESIDENT 650 LIBERTY AVENUE, UNION NJ 07083
Hobart Sichel officer: EVP,CHF MARKET'G&CUSTOMER OFC 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Kastin officer: EVP, CHIEF LEGAL OFFICER C/O VITAMIN SHOPPE, INC., SECAUCUS NJ 07094
Gustavo Arnal officer: EVP, CFO C/O AVON PRODUCTS, INC., 1 AVON PLACE, SUFFERN NY 10901
Rc Ventures Llc 10 percent owner, other: See Footnote 1 PO BOX 25250, PMB 30427, MIAMI FL 33102
Ryan Cohen 10 percent owner, other: See Footnote 1 C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Laura Crossen officer: SVP, CHIEF ACCOUNTING OFFICER C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Mara Sirhal officer: EVP, CHIEF MERCHANDISING OFC C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Harriet Edelman director
Jeff Kirwan director TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Sue Gove director, officer: INTERIM CEO 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
Mark J Tritton director, officer: PRESIDENT AND CEO TARGET CORPORATION, 1000 NICOLLET MALL, MINNEAPOLIS MN 55403