What are some benchmarks for a good ROA?

Feb 23, 2023 ... While no one metric can be considered a good ROA, and estimates vary widely across industries, the consensus seems to be that a ROA of over 5% ... Oct 28, 2023 ... A good ROA ratio depends on the industry in which a company operates. Generally, a higher ROA is better, but what is considered high can vary ... Effective Tax Rate (ETR) is defined as the ratio of income taxes paid to pretax income. ETR is coded as missing if the absolute value of pretax in- come is less ... May 20, 2021 ... So, the next time you analyse an investment opportunity, don't ignore return on assets ratio. A good company will have a high ROA accompanied ... What is a good return on assets ratio? ... As a general rule, a higher ratio indicates better financial performance than a lower one, all other things being equal ... What is a good ROA ratio? There is no good or bad ROA, as long as it is positive. A positive ROA indicates that the company is profitable and able to ... ROAs over 5% are generally considered good. The Results may combine companies, who have reported financial results in different quarters and could differ from other calculation. Industry Screening ... Nov 14, 2017 ... Historically speaking, a ratio of 1% or greater has been considered pretty good. But this ratio will fluctuate with the prevailing economic ... What is a good ROA ratio? The higher the ROA of a company, the higher its profit generation. A good ROA can be anywhere between 5% and 20%. A 5% ROA is ...