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NVIDIA Corp
NASDAQ:NVDA

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NVIDIA Corp Logo
NVIDIA Corp
NASDAQ:NVDA
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Price: 824.23 USD 3.65% Market Closed
Updated: Apr 24, 2024

ROA
Return on Assets

56%
Current
24%
Average
2.5%
Industry
Positive for the last year
56%
Positive average
24%
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
56%
=
Net Income
29.8B
/
Total Assets
53.5B

ROA Across Competitors

ROA Comparison
NVIDIA Corp Competitors

Country US
Market Cap 2T USD
ROA
56%
Country TW
Market Cap 20.3T TWD
ROA
16%
Country US
Market Cap 578.4B USD
ROA
9%
Country US
Market Cap 246.1B USD
ROA
1%
Country US
Market Cap 180.4B USD
ROA
15%
Country US
Market Cap 150.4B USD
ROA
22%
Country US
Market Cap 144.9B USD
ROA
1%
Country US
Market Cap 124.5B USD
ROA
-6%
Country UK
Market Cap 98.4B USD
ROA
9%
Country US
Market Cap 94.2B USD
ROA
6%
Country KR
Market Cap 123.1T KRW
ROA
-9%

Profitability Report

View the profitability report to see the full profitability analysis for NVIDIA Corp.

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
56%
=
Net Income
29.8B
/
Total Assets
53.5B
What is the ROA of NVIDIA Corp?

Based on NVIDIA Corp's most recent financial statements, the company has ROA of 56%.