Lion Electric Co
NYSE:LEV
ROA
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 Across Competitors
| Country | Company | Market Cap | ROA | ||
|---|---|---|---|---|---|
| CA |
|
Lion Electric Co
NYSE:LEV
|
15.9m USD |
-16%
|
|
| US |
|
Caterpillar Inc
NYSE:CAT
|
171.9B USD |
12%
|
|
| SE |
|
Volvo AB
STO:VOLV B
|
534.6B SEK |
7%
|
|
| US |
|
Paccar Inc
NASDAQ:PCAR
|
48.1B USD |
8%
|
|
| US |
|
Cummins Inc
NYSE:CMI
|
43.4B USD |
9%
|
|
| DE |
|
Daimler Truck Holding AG
XETRA:DTG
|
30.6B EUR |
4%
|
|
| US |
|
Westinghouse Air Brake Technologies Corp
NYSE:WAB
|
34.3B USD |
6%
|
|
| JP |
|
Toyota Industries Corp
TSE:6201
|
5T JPY |
3%
|
|
| CN |
|
CRRC Corp Ltd
SSE:601766
|
205.5B CNY |
3%
|
|
| KR |
|
Hyundai Heavy Industries Co Ltd
KRX:329180
|
38.7T KRW |
5%
|
|
| JP |
|
Komatsu Ltd
TSE:6301
|
4.1T JPY |
8%
|
Lion Electric Co
Glance View
The Lion Electric Co. manufactures zero-emission vehicles, which creates, designs, and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for the school, paratransit, and mass transit markets. The company is headquartered in Saint-Jerome, Quebec. The company went IPO on 2021-05-07. The firm designs and manufactures all-electric commercial urban trucks and all-electric buses and minibuses for the school, paratransit, and mass transit markets. The firm's vehicles are Vehicle-to-Grid (V2G) enabled and equipped with its LionBeat telematics platform, which provides full monitoring of vehicle data, and charging infrastructure agnostic. Its LionBeat telematics platform gathers data such as greenhouse gas (GHG) emissions savings, real-time global positioning system (GPS) tracking, speed, odometer readings, average energy usage, energy usage history, and other maintenance and tracking statistics. Its product consists of trucks, being Lion6 (Class 6 truck), Lion8 (Class 8 truck), Lion8 Reefer, and Lion8 Refuse trucks; school buses, being LionC (Type C school bus) and LionA (Type A school bus); and a shuttle bus, the LionM. The firm also provides spare parts for the maintenance of vehicles.
See Also
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.
Based on Lion Electric Co's most recent financial statements, the company has ROA of -16.1%.
You don't have any saved screeners yet