• Nasdaq average return on assets for 2023 was 4.76, a 13.77% decline from 2022.
• Nasdaq average return on assets for 2022 was 5.52, a 13.07% decline from 2021.
• Nasdaq average return on assets for 2021 was 6.35, a 9.67% 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.