What is Darling Ingredients Inc 's ROA in the fourth quarter of 2023?
Darling Ingredients Inc achieved a return on average assets (ROA) of
6.17 % in its fourth quarter of 2023, this is above DAR's average return on assets of 4.83%.
Darling Ingredients Inc assets over the 12 months ending in its fourth quarter of 2023 are valued at $10,709 million
ROA decreased relative to the period ending Sep 30 2023, due to the decline in net income.
However, within the
Consumer Non Cyclical sector 40 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 30 2023 quarter, so far to
724, from total ROA ranking in the third quarter of 2023 at
881.
What is ROA?