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Aerojet Rocketdyne Holdings Inc
NYSE:AJRD

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Aerojet Rocketdyne Holdings Inc Logo
Aerojet Rocketdyne Holdings Inc
NYSE:AJRD
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Price: 57.99 USD 1.42%
Updated: Apr 25, 2024

ROA
Return on Assets

3.1%
Current
5%
Average
2.2%
Industry
Positive for the last year
3.1%
Positive average
5%
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
3.1%
=
Net Income
73.7m
/
Total Assets
2.3B

ROA Across Competitors

ROA Comparison
Aerojet Rocketdyne Holdings Inc Competitors

Country US
Market Cap 4.6B USD
ROA
3%
Country NL
Market Cap 124.1B EUR
ROA
3%
Country US
Market Cap 134.6B USD
ROA
2%
Country US
Market Cap 110.4B USD
ROA
13%
Country US
Market Cap 97.9B USD
ROA
-2%
Country FR
Market Cap 85.8B EUR
ROA
7%
Country US
Market Cap 77.3B USD
ROA
6%
Country US
Market Cap 72B USD
ROA
5%
Country US
Market Cap 68.9B USD
ROA
7%
Country UK
Market Cap 39.8B GBP
ROA
6%
Country UK
Market Cap 34.1B GBP
ROA
8%

Profitability Report

View the profitability report to see the full profitability analysis for Aerojet Rocketdyne Holdings 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
3.1%
=
Net Income
73.7m
/
Total Assets
2.3B
What is the ROA of Aerojet Rocketdyne Holdings Inc?

Based on Aerojet Rocketdyne Holdings Inc's most recent financial statements, the company has ROA of 3.1%.