Return on Assets Calculator
Return on assets (ROA) shows how much profit a company earns per dollar of assets. Unlike ROE, ROA is not distorted by leverage — it measures raw operational efficiency. Asset-light businesses (software, services) tend to have high ROA; asset-heavy ones (manufacturing, utilities) typically have lower ROA.
Technology
8–20%
Retail
4–8%
Utilities
1–3%
Banking
0.5–1.5%
Manufacturing
3–7%
Healthcare
6–12%