• Grand Canyon Education average return on assets for 2023 was 23, a 15.75% decline from 2022.
• Grand Canyon Education average return on assets for 2022 was 19.87, a 34.8% increase from 2021.
• Grand Canyon Education average return on assets for 2021 was 14.74, a 1.8% increase 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.