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Applied Industrial Technologies Inc
NYSE:AIT

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Applied Industrial Technologies Inc Logo
Applied Industrial Technologies Inc
NYSE:AIT
Watchlist
Price: 193.82 USD 2.2% Market Closed
Updated: May 8, 2024

ROA
Return on Assets

13.7%
Current
11%
Average
3%
Industry

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
13.7%
=
Net Income
374.4m
/
Total Assets
2.7B

ROA Across Competitors

Country US
Market Cap 7.5B USD
ROA
14%
Country JP
Market Cap 14.3T JPY
ROA
4%
Country JP
Market Cap 11.6T JPY
ROA
6%
Country JP
Market Cap 10.7T JPY
ROA
5%
Country US
Market Cap 46.4B USD
ROA
22%
Country US
Market Cap 45B USD
ROA
10%
Country UK
Market Cap 35.7B GBP
ROA
11%
Country IN
Market Cap 3.2T INR
ROA
3%
Country US
Market Cap 38B USD
ROA
25%
Country JP
Market Cap 5.2T JPY
ROA
5%
Country UK
Market Cap 25.3B GBP
ROA
8%

Profitability Report

View the profitability report to see the full profitability analysis for Applied Industrial Technologies 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
13.7%
=
Net Income
374.4m
/
Total Assets
2.7B
What is the ROA of Applied Industrial Technologies Inc?

Based on Applied Industrial Technologies Inc's most recent financial statements, the company has ROA of 13.7%.