What is Esterline Technologies's ROA in the first quarter of 2019?
Esterline Technologies Corp achieved a return on average assets (ROA) of
4.54 % in its first quarter of 2019, this is above ESL's average return on assets of 3.29%.
Esterline Technologies Corps assets during the 12 months ending in the first quarter of 2019 are valued at $3 billion
Despite the company's net income deteriorating, Esterline Technologies was able to improve its ROA compared to the fourth quarter of 2018.
However, within the
Technology sector 235 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 28 2018 quarter, so far to
1532, from total ROA ranking in the fourth quarter of 2018 at
1953.
What is ROA?