• S&P Global average return on assets for 2023 was 4.17, a 50.88% increase from 2022.
• S&P Global average return on assets for 2022 was 8.49, a 59.16% decline from 2021.
• S&P Global average return on assets for 2021 was 20.79, a 6.31% 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.