What is Chevron's ROA in the fourth quarter of 2024?
Chevron Corp achieved a return on average assets (ROA) of
5.78 % in its fourth quarter of 2024, which is below Chevron's average return on assets, which stands at 8.09%.
Despite the company's net income deteriorating, Chevron was able to improve its ROA compared to the third quarter of 2024.
However, within the
Energy sector 39 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2024 quarter, so far to
847, from total ROA ranking in the third quarter of 2024 at
898.
What is ROA?