• Lumentum Holdings average return on assets for 2023 was -3.52, a 202.03% increase from 2022.
• Lumentum Holdings average return on assets for 2022 was 3.45, a 68.81% decline from 2021.
• Lumentum Holdings average return on assets for 2021 was 11.06, a 141.48% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.