First Time Loading...

Advance Auto Parts Inc
NYSE:AAP

Watchlist Manager
Advance Auto Parts Inc Logo
Advance Auto Parts Inc
NYSE:AAP
Watchlist
Price: 74.71 USD -2.38% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

0.2%
Current
4%
Average
1.8%
Industry
Positive for the last year
0.2%
Positive average
4%
Worse than average
Worse 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
0.2%
=
Net Income
29.7m
/
Total Assets
12.2B

ROA Across Competitors

ROA Comparison
Advance Auto Parts Inc Competitors

Country US
Market Cap 4.4B USD
ROA
0%
Country US
Market Cap 62.3B USD
ROA
18%
Country US
Market Cap 51B USD
ROA
17%
Country ZA
Market Cap 13.8B Zac
ROA
5%
Country US
Market Cap 13.4B USD
ROA
6%
Country US
Market Cap 10.9B USD
ROA
2%
Country TW
Market Cap 339.3B TWD
ROA
5%
Country US
Market Cap 10.3B USD
ROA
7%
Country ZA
Market Cap 9B Zac
ROA
2%
Country US
Market Cap 8.8B USD
ROA
13%
Country US
Market Cap 7.1B USD
ROA
6%

Profitability Report

View the profitability report to see the full profitability analysis for Advance Auto Parts Inc.

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
0.2%
=
Net Income
29.7m
/
Total Assets
12.2B
What is the ROA of Advance Auto Parts Inc?

Based on Advance Auto Parts Inc's most recent financial statements, the company has ROA of 0.2%.