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Alamo Group Inc
NYSE:ALG

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Alamo Group Inc Logo
Alamo Group Inc
NYSE:ALG
Watchlist
Price: 200.14 USD 0.26%
Updated: Apr 26, 2024

ROA
Return on Assets

10%
Current
7%
Average
3.6%
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
10%
=
Net Income
136.2m
/
Total Assets
1.4B

ROA Across Competitors

ROA Comparison
Alamo Group Inc Competitors

Country US
Market Cap 2.4B USD
ROA
10%
Country US
Market Cap 172.2B USD
ROA
12%
Country US
Market Cap 58.7B USD
ROA
12%
Country SE
Market Cap 572.4B SEK
ROA
7%
Country US
Market Cap 41.4B USD
ROA
2%
Country DE
Market Cap 34.2B EUR
ROA
6%
Country JP
Market Cap 4.5T JPY
ROA
3%
Country US
Market Cap 29.1B USD
ROA
4%
Country JP
Market Cap 4T JPY
ROA
8%
Country CN
Market Cap 175.9B CNY
ROA
3%
Country CN
Market Cap 167.4B CNY
ROA
1%

Profitability Report

View the profitability report to see the full profitability analysis for Alamo Group 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
10%
=
Net Income
136.2m
/
Total Assets
1.4B
What is the ROA of Alamo Group Inc?

Based on Alamo Group Inc's most recent financial statements, the company has ROA of 10%.