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Qualcomm Inc
NASDAQ:QCOM

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Qualcomm Inc Logo
Qualcomm Inc
NASDAQ:QCOM
Watchlist
Price: 169.84 USD -0.85% Market Closed
Updated: Apr 16, 2024

ROA
Return on Assets

15.4%
Current
23%
Average
2.5%
Industry
Positive for the last year
15.4%
Positive average
23%
Worse 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
15.4%
=
Net Income
7.8B
/
Total Assets
50.2B

ROA Across Competitors

ROA Comparison
Qualcomm Inc Competitors

Country US
Market Cap 189.9B USD
ROA
15%
Country US
Market Cap 2.1T USD
ROA
56%
Country TW
Market Cap 20.4T TWD
ROA
16%
Country US
Market Cap 607.4B USD
ROA
9%
Country US
Market Cap 259.1B USD
ROA
1%
Country US
Market Cap 153.5B USD
ROA
1%
Country US
Market Cap 151.2B USD
ROA
22%
Country US
Market Cap 134.4B USD
ROA
-6%
Country UK
Market Cap 125.4B USD
ROA
9%
Country US
Market Cap 94.4B USD
ROA
6%
Country KR
Market Cap 123.4T KRW
ROA
-9%

Profitability Report

View the profitability report to see the full profitability analysis for Qualcomm Inc.

See Also

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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
15.4%
=
Net Income
7.8B
/
Total Assets
50.2B
What is the ROA of Qualcomm Inc?

Based on Qualcomm Inc's most recent financial statements, the company has ROA of 15.4%.