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ROA Calculator

Calculate Return on Assets (ROA) — how efficiently a company generates profit from its total assets — from net income and total assets.

How to Use ROA Calculator
  1. 1Enter net income for the period
  2. 2Enter total assets
  3. 3Click Calculate to see the ROA percentage
Frequently Asked Questions

ROA divides net income by total assets (equity + debt-funded assets). ROE divides only by shareholders' equity. A leveraged company (lots of debt) will show a lower ROA than ROE for the same profit.

Asset-heavy industries (manufacturing, utilities, banking) typically show ROA in the low single digits, while asset-light businesses (software, services) can show much higher ROA. Compare within the same industry, not across industries.

It's a balance sheet line item — the sum of all a company's assets (current + fixed). Pull it from the latest balance sheet.

Generally yes for comparing similar companies, but very asset-light business models (e.g. companies that lease rather than own equipment) can show inflated ROA that doesn't reflect true capital efficiency — read it alongside ROE and ROCE.

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