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Abbott Laboratories
NYSE:ABT

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Abbott Laboratories Logo
Abbott Laboratories
NYSE:ABT
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Price: 107.92 USD 0.79% Market Closed
Updated: Apr 23, 2024

ROA
Return on Assets

7.7%
Current
9%
Average
-1.8%
Industry
Positive for the last year
7.7%
Positive average
9%
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
7.7%
=
Net Income
5.6B
/
Total Assets
73.5B

ROA Across Competitors

ROA Comparison
Abbott Laboratories Competitors

Country US
Market Cap 187.1B USD
ROA
8%
Country US
Market Cap 133.2B USD
ROA
14%
Country US
Market Cap 126.6B USD
ROA
8%
Country IE
Market Cap 107.6B USD
ROA
5%
Country US
Market Cap 100.3B USD
ROA
5%
Country US
Market Cap 67.8B USD
ROA
2%
Country DE
Market Cap 58.2B EUR
ROA
3%
Country US
Market Cap 52.8B USD
ROA
16%
Country US
Market Cap 51.8B USD
ROA
9%
Country CN
Market Cap 344.1B CNY
ROA
25%
Country US
Market Cap 40.6B USD
ROA
28%

Profitability Report

View the profitability report to see the full profitability analysis for Abbott Laboratories.

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
7.7%
=
Net Income
5.6B
/
Total Assets
73.5B
What is the ROA of Abbott Laboratories?

Based on Abbott Laboratories's most recent financial statements, the company has ROA of 7.7%.