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Verizon Communications Inc
NYSE:VZ

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Verizon Communications Inc
NYSE:VZ
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Price: 39.68 USD 1.17% Market Closed
Updated: Apr 27, 2024

ROA
Return on Assets

3%
Current
5%
Average
1.5%
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
3%
=
Net Income
11.3B
/
Total Assets
378.9B

ROA Across Competitors

ROA Comparison
Verizon Communications Inc Competitors

Country US
Market Cap 167.3B USD
ROA
3%
Country US
Market Cap 119.8B USD
ROA
3%
Country DE
Market Cap 108.8B EUR
ROA
6%
Country JP
Market Cap 14.1T JPY
ROA
5%
Country CN
Market Cap 556.4B CNY
ROA
4%
Country SA
Market Cap 191.2B SAR
ROA
9%
Country CA
Market Cap 40.7B CAD
ROA
3%
Country FR
Market Cap 27.7B EUR
ROA
2%
Country TW
Market Cap 958B TWD
ROA
7%
Country SG
Market Cap 39.8B SGD
ROA
7%
Country CH
Market Cap 26.2B CHF
ROA
7%

Profitability Report

View the profitability report to see the full profitability analysis for Verizon Communications 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%
=
Net Income
11.3B
/
Total Assets
378.9B
What is the ROA of Verizon Communications Inc?

Based on Verizon Communications Inc's most recent financial statements, the company has ROA of 3%.