What is D R Horton Inc 's ROA in the first quarter of 2024?
D r Horton Inc achieved a return on average assets (ROA) of
16.53 % in its first quarter of 2024, this is above DHI's average return on assets of 6.3%.
D R Horton Inc s assets during the 12 months ending in the first quarter of 2024 are valued at $28 billion
ROA decreased relative to the period ending Sep 30 2023, due to the decline in net income.
However, within the
Capital Goods sector 26 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
226, from total ROA ranking in the fourth quarter of 2023 at
321.
What is ROA?