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HP Inc
NYSE:HPQ

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HP Inc
NYSE:HPQ
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Price: 30.22 USD 0.33% Market Closed
Updated: Mar 29, 2024

ROA
Return on Assets

9.4%
Current
11%
Average
0.1%
Industry
Positive for the last year
9.4%
Positive average
11%
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
9.4%
=
Net Income
3.4B
/
Total Assets
36B

ROA Across Competitors

ROA Comparison
HP Inc Competitors

Country US
Market Cap 29.6B USD
ROA
9%
Country US
Market Cap 2.7T USD
ROA
29%
Country KR
Market Cap 559T KRW
ROA
3%
Country US
Market Cap 81.2B USD
ROA
4%
Country US
Market Cap 56.1B USD
ROA
17%
Country CN
Market Cap 374.1B HKD
ROA
6%
Country TW
Market Cap 1.1T TWD
ROA
5%
Country JP
Market Cap 4.4T JPY
ROA
5%
Country US
Market Cap 23B USD
ROA
3%
Country US
Market Cap 22.3B USD
ROA
-9%
Country US
Market Cap 21.6B USD
ROA
10%

ROA Distribution

ROA Distribution
Technology Industry

Profitability Report

View the profitability report to see the full profitability analysis for HP 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
9.4%
=
Net Income
3.4B
/
Total Assets
36B
What is the ROA of HP Inc?

Based on HP Inc's most recent financial statements, the company has ROA of 9.4%.