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Mitsubishi Corp
TSE:8058

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Mitsubishi Corp
TSE:8058
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Price: 3 497 JPY -1.74% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

4%
Current
4%
Average
3%
Industry
Positive for the last year
4%
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
4%
=
Net Income
921.5B
/
Total Assets
22.7T

ROA Across Competitors

ROA Comparison
Mitsubishi Corp Competitors

Country JP
Market Cap 14.4T JPY
ROA
4%
Country JP
Market Cap 11.1T JPY
ROA
6%
Country JP
Market Cap 10T JPY
ROA
5%
Country US
Market Cap 46.5B USD
ROA
10%
Country US
Market Cap 46.7B USD
ROA
23%
Country IN
Market Cap 3.6T INR
ROA
3%
Country UK
Market Cap 34.3B GBP
ROA
11%
Country US
Market Cap 39B USD
ROA
25%
Country UK
Market Cap 25.2B GBP
ROA
8%
Country JP
Market Cap 4.7T JPY
ROA
5%
Country US
Market Cap 27.4B EUR
ROA
23%

Profitability Report

View the profitability report to see the full profitability analysis for Mitsubishi Corp.

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
4%
=
Net Income
921.5B
/
Total Assets
22.7T
What is the ROA of Mitsubishi Corp?

Based on Mitsubishi Corp's most recent financial statements, the company has ROA of 4%.