What is ay Inc's ROA in the second quarter of 2024?
Corpay Inc achieved a return on average assets (ROA) of
6.43 % in its second quarter of 2024, this is above CPAY's average return on assets of 6.01%.
Corpay Incs assets during the 12 months ending in the second quarter of 2024 are valued at $15 billion
ROA fell compared to the first quarter of 2024, despite the net income growth of 9.51% from the first quarter of 2024.
However, within the
Services sector 95 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2024 quarter, so far to
710, from total ROA ranking in the first quarter of 2024 at
776.
What is ROA?
