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ROA History Chart
Chart any stock's trailing quarterly return on assets in one view. Auto-populates from Yahoo Finance. Pair it with the ROA calculator and the ROA screener for full context.
How to Read the ROA Trend
Return on assets (ROA) measures how many cents of profit a company generates for each dollar of total assets on its balance sheet. Unlike return on equity, ROA is unaffected by financial leverage — a company that borrows heavily does not mechanically improve its ROA. This makes it a cleaner measure of operational efficiency when comparing companies across capital structures.
A rising ROA trend suggests management is becoming more efficient at deploying the asset base — either through higher margins, faster asset turnover, or both. A falling trend can signal excess asset accumulation outpacing earnings growth, margin compression, or a business investing heavily ahead of the revenue it expects to generate.
Always read ROA alongside the ROE history chart and the ROIC history chart. Together, the three ratios reveal how the business splits performance across its full asset base, its equity base, and its invested capital. For a deeper breakdown of what drives ROA — margin vs. asset turnover — see the DuPont analysis calculator.
This chart uses net income divided by total assets for fast trend-spotting. For a precise figure on a single date with sector benchmarks, use the ROA calculator.
Related Tools
Complete the profitability picture with these related tools:
- ROE History Chart — return on equity trend over 8 quarters
- ROIC History Chart — return on invested capital trend over 8 quarters
- ROA Calculator — single-period ROA with sector benchmarks
- Return on Invested Capital Guide — deep-dive on ROIC, ROE, and ROA comparison
Frequently Asked Questions
What does the ROA history chart show?
It plots up to eight trailing quarters of a company's return on assets (ROA) as a line, so you can see whether total assets are being put to work more or less efficiently over time. A rising line means management is generating more profit per dollar of assets; a falling line signals declining efficiency, asset bloat, or earnings pressure.
How is ROA calculated here?
ROA is net income divided by total assets, expressed as a percentage. This uses quarterly total assets directly from Yahoo Finance fundamentals — it is a simplified, period-end snapshot meant for trend-spotting. A sector median reference line is shown when sector data is available.
Why does the oldest quarter show no QoQ change?
Quarter-over-quarter change is measured in percentage points against the immediately preceding quarter. The oldest quarter in the window has no prior period on the chart to compare against, so its change value is left blank rather than shown as zero.
How does ROA differ from ROE and ROIC?
ROA measures profit against all assets regardless of how they are financed, making it comparable across companies with very different capital structures. ROE measures profit against only equity (so leverage inflates it), while ROIC measures profit against invested capital (equity plus net debt) — the most capital-structure-neutral view. For a complete picture, use all three together.
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