Solaris Oilfield Infrastructure Inc
NYSE:SOI
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 | ||
|---|---|---|---|---|---|
| US |
|
Solaris Oilfield Infrastructure Inc
NYSE:SOI
|
1.9B USD |
4%
|
|
| US |
|
Schlumberger NV
NYSE:SLB
|
45.7B USD |
9%
|
|
| US |
B
|
Baker Hughes Co
NASDAQ:BKR
|
36.3B USD |
8%
|
|
| LU |
|
Tenaris SA
MIL:TEN
|
16B EUR |
9%
|
|
| US |
|
Halliburton Co
NYSE:HAL
|
17.2B USD |
8%
|
|
| UK |
|
TechnipFMC PLC
NYSE:FTI
|
13.1B USD |
9%
|
|
| FR |
|
Technip Energies NV
PAR:TE
|
5.7B EUR |
7%
|
|
| CN |
|
CNOOC Energy Technology & Services Ltd
SSE:600968
|
41.5B CNY |
8%
|
|
| UK |
|
Subsea 7 SA
OSE:SUBC
|
51.2B NOK |
3%
|
|
| CN |
|
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
|
35.6B CNY |
8%
|
|
| IT |
|
Saipem SpA
MIL:SPM
|
4.3B EUR |
3%
|
Solaris Oilfield Infrastructure Inc
Glance View
In the demanding and ever-evolving world of oil and gas, Solaris Oilfield Infrastructure Inc. has carved its niche as a pivotal player, offering cutting-edge solutions designed to enhance the efficiency and safety of drilling operations. Born out of innovation and strategic foresight, Solaris emerged with a mission to address the logistical challenges that have long plagued the industry. The company specializes in providing mobile, integrated infrastructure platforms that manage the delivery, storage, and real-time data tracking of essential materials such as sand used in hydraulic fracturing. By streamlining these processes, Solaris enables its clients to maximize productivity while minimizing environmental footprints, setting a new standard for operational effectiveness. Solaris's business model centers around selling or leasing its patented equipment, which includes highly engineered mobile proppant management systems and chemical management solutions. These systems are deployed to drill sites, optimizing logistics and enhancing the operational workflow. Revenue is generated primarily through rental and service contracts, with additional income streams from consumable product sales and value-added services such as data analytics. By leveraging its proprietary technology, Solaris not only boosts efficiency for its clients but also cements itself as an indispensable ally in the quest for more sustainable and cost-effective oilfield operations, demonstrating an astute blend of innovation and market responsiveness.
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 Solaris Oilfield Infrastructure Inc's most recent financial statements, the company has ROA of 4%.
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