First Time Loading...

Garmin Ltd
NASDAQ:GRMN

Watchlist Manager
Garmin Ltd Logo
Garmin Ltd
NASDAQ:GRMN
Watchlist
Price: 141.93 USD 0.66% Market Closed
Updated: Apr 16, 2024

ROA
Return on Assets

15.9%
Current
15%
Average
2.8%
Industry
Positive for the last year
15.9%
Positive average
15%
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
15.9%
=
Net Income
1.3B
/
Total Assets
8.2B

ROA Across Competitors

ROA Comparison
Garmin Ltd Competitors

Country CH
Market Cap 27.2B USD
ROA
16%
Country JP
Market Cap 15.9T JPY
ROA
3%
Country JP
Market Cap 3.3T JPY
ROA
6%
Country CN
Market Cap 90.9B CNY
ROA
0%
Country KR
Market Cap 16.5T KRW
ROA
1%
Country IN
Market Cap 450.2B INR
ROA
6%
Country CN
Market Cap 34.8B CNY
ROA
5%
Country JP
Market Cap 528.8B JPY
ROA
3%
Country JP
Market Cap 521.4B JPY
ROA
-13%
Country CN
Market Cap 22.6B CNY
ROA
6%
Country CN
Market Cap 22.4B CNY
ROA
1%

Profitability Report

View the profitability report to see the full profitability analysis for Garmin Ltd.

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
15.9%
=
Net Income
1.3B
/
Total Assets
8.2B
What is the ROA of Garmin Ltd?

Based on Garmin Ltd's most recent financial statements, the company has ROA of 15.9%.