LY ROA - Return on Assets 2016-2024 | YAHOY
- LY average return on assets for 2023 was 1.71, a 15.35% decline from 2022.
- LY average return on assets for 2022 was 2.02, a 6.48% decline from 2021.
- LY average return on assets for 2021 was 2.16, a 15.63% 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.