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Universal Music Group NV
AEX:UMG

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Universal Music Group NV Logo
Universal Music Group NV
AEX:UMG
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Price: 26.98 EUR -0.3% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

10.2%
Current
8%
Average
-0.9%
Industry
Positive for the last year
10.2%
Positive average
8%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
10.2%
=
Net Income
1.3B
/
Total Assets
12.4B

ROA Across Competitors

ROA Comparison
Universal Music Group NV Competitors

Country NL
Market Cap 49.1B EUR
ROA
10%
Country US
Market Cap 243.4B USD
ROA
13%
Country US
Market Cap 212.1B USD
ROA
1%
Country LU
Market Cap 57B USD
ROA
-7%
Country CN
Market Cap 21.8B USD
ROA
7%
Country US
Market Cap 20.6B USD
ROA
2%
Country US
Market Cap 20.2B USD
ROA
-2%
Country FR
Market Cap 18.2B EUR
ROA
5%
Country US
Market Cap 16.3B USD
ROA
5%
Country US
Market Cap 9B USD
ROA
-16%
Country DE
Market Cap 7.9B EUR
ROA
9%

Profitability Report

View the profitability report to see the full profitability analysis for Universal Music Group NV.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
10.2%
=
Net Income
1.3B
/
Total Assets
12.4B
What is the ROA of Universal Music Group NV?

Based on Universal Music Group NV's most recent financial statements, the company has ROA of 10.2%.