First Time Loading...

Canon Inc
TSE:7751

Watchlist Manager
Canon Inc Logo
Canon Inc
TSE:7751
Watchlist
Price: 4 421 JPY -1.49% Market Closed
Updated: Apr 16, 2024

ROA
Return on Assets

5%
Current
4%
Average
0.2%
Industry
Positive for the last year
5%
Positive average
4%
Better 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
5%
=
Net Income
264.5B
/
Total Assets
5.3T

ROA Across Competitors

ROA Comparison
Canon Inc Competitors

Country JP
Market Cap 4.4T JPY
ROA
5%
Country US
Market Cap 2.6T USD
ROA
29%
Country KR
Market Cap 543.4T KRW
ROA
3%
Country US
Market Cap 84.7B USD
ROA
4%
Country CN
Market Cap 398.7B HKD
ROA
6%
Country US
Market Cap 50.8B USD
ROA
17%
Country TW
Market Cap 961.7B TWD
ROA
5%
Country US
Market Cap 27.1B USD
ROA
9%
Country JP
Market Cap 4.1T JPY
ROA
6%
Country US
Market Cap 23B USD
ROA
-9%
Country US
Market Cap 22.1B USD
ROA
3%

Profitability Report

View the profitability report to see the full profitability analysis for Canon 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
5%
=
Net Income
264.5B
/
Total Assets
5.3T
What is the ROA of Canon Inc?

Based on Canon Inc's most recent financial statements, the company has ROA of 5%.