What is Compass Diversified Holdings's ROA in the fourth quarter of 2023?
Compass Diversified Holdings achieved a return on average assets (ROA) of
6.91 % in its fourth quarter of 2023, this is above CODI's average return on assets of 6.62%.
Compass Diversified Holdingss assets during the 12 months ending in the fourth quarter of 2023 are valued at $3 billion
ROA has improved compared to 2.92% in the third quarter of 2023, due to net income growth.
However, within the
Consumer Discretionary sector 39 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
640, from total ROA ranking in the third quarter of 2023 at
1602.
What is ROA?