MongoDB Inc
NASDAQ:MDB
ROA
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 Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| US |
|
MongoDB Inc
NASDAQ:MDB
|
15B USD |
-4%
|
|
| CA |
|
Shopify Inc
NYSE:SHOP
|
131.7B USD |
13%
|
|
| US |
|
Snowflake Inc.
NYSE:SNOW
|
66.8B USD |
-18%
|
|
| US |
|
Cloudflare Inc
NYSE:NET
|
54.8B USD |
-3%
|
|
| US |
|
Verisign Inc
NASDAQ:VRSN
|
26.3B USD |
50%
|
|
| US |
|
GoDaddy Inc
NYSE:GDDY
|
26B USD |
10%
|
|
| ID |
|
DCI Indonesia Tbk PT
IDX:DCII
|
365T IDR |
24%
|
|
| US |
|
Okta Inc
NASDAQ:OKTA
|
21.5B USD |
0%
|
|
| US |
|
Twilio Inc
NYSE:TWLO
|
17.4B USD |
0%
|
|
| US |
|
Akamai Technologies Inc
NASDAQ:AKAM
|
11.1B USD |
5%
|
|
| US |
S
|
Switch Inc
F:821
|
7.7B EUR |
12%
|
MongoDB Inc
Glance View
MongoDB Inc., founded in 2007 by Dwight Merriman, Eliot Horowitz, and Kevin Ryan, emerged in the bustling technology landscape as a fresh face eager to redefine how databases functioned. Rooted in the innovative avenues of New York City, MongoDB sprung forth as the answer to the rigid and often cumbersome constraints of traditional relational databases. The founders, equipped with experience from their work at DoubleClick, set out to create a database that was adaptable, easy to scale, and capable of handling massive volumes of unstructured data seamlessly. With its flagship open-source product, the company offered a NoSQL database solution that allowed organizations to store data in a flexible, JSON-like format, supporting an array of applications—from web apps to large enterprise systems. MongoDB revolutionized the arena of data storage with its horizontal scalability, allowing businesses to add storage capabilities seamlessly across servers, thus catering to the growing, ever-changing demands of data-driven industries. As MongoDB’s reputation soared, so did its monetization opportunities. Recognizing developers as the linchpins of tech-driven companies, MongoDB's business model focused on providing robust, cloud-based services tailored to their needs. It capitalized on offering MongoDB Atlas, a fully managed cloud database service, which provides convenience and value by eliminating the need for businesses to manage the underlying infrastructure. Companies benefit from the platform's flexibility, scalability, and real-time data analysis, which are bundled into tiered subscription plans. This approach has underscored MongoDB’s revenue stream—balancing between community-driven open-source goodwill and the lucrative allure of premium offerings. By offering comprehensive enterprise solutions and professional support services, MongoDB Inc. has managed to transform its innovative technology into a sustainable business formula, capturing substantial market share as a preferred choice for modern data management needs.
See Also
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.
Based on MongoDB Inc's most recent financial statements, the company has ROA of -4.1%.
You don't have any saved screeners yet