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Financial Glossary

Return on Assets (ROA)

Net income divided by total assets — measures how efficiently a company uses all its assets.

What Is Return on Assets (ROA)?

ROA shows how well a company turns its total asset base (including debt-funded assets) into profits. Unlike ROE, it's not inflated by leverage, making it a cleaner efficiency metric.

Formula

ROA = Net Income / Total Assets

Why It Matters

A higher ROA means the company is generating more income with less investment. Asset-heavy industries (banks, utilities) naturally have lower ROA. Compare within the same industry for meaningful insights.

Typical Ranges: Varies by industry. Above 5% is generally good. Above 10% is excellent for most sectors.

Real Examples from Our Database

Based on the latest data in our system. Values may change.

Related Terms

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