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Return on Assets Calculator

Net Income ÷ Total Assets — asset efficiency.

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Frequently asked questions

Why is ROA for banks so low?
Banks run on massive leverage (10–15× equity). 1% ROA × 12× leverage = 12% ROE. Different metric when comparing industries.
ROA vs ROE?
ROA = profit per asset. ROE = profit per equity. ROE = ROA × leverage. High ROE + low ROA = debt-fueled returns.
Average or ending assets?
Average is more accurate: (beg + end) / 2. For growing companies, ending assets make ROA look worse than reality.
Declining ROA — what causes?
Asset bloat (M&A, inefficient capex), margin compression, or lost pricing power. Track 5-year trend.