What is Arch Capital Group Ltd 's ROA in the fourth quarter of 2023?
Arch Capital Group Ltd achieved a return on average assets (ROA) of
12.41 % in its fourth quarter of 2023, this is above ACGL's average return on assets of 3.51%.
Arch Capital Group Ltd s assets during the 12 months ending in the fourth quarter of 2023 are valued at $35 billion
ROA has improved compared to 8.68% in the third quarter of 2023, due to net income growth.
However, within the
Financial sector 34 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to
541, from total ROA ranking in the third quarter of 2023 at
1065.
What is ROA?