What is Godaddy Inc 's ROA in the third quarter of 2023?
Godaddy Inc achieved a return on average assets (ROA) of
5.25 % in its third quarter of 2023, this is above GDDY's average return on assets of 1.18%.
Godaddy Inc s assets during the 12 months ending in the third quarter of 2023 are valued at $6 billion
ROA has improved compared to 4.7% in the second quarter of 2023, due to net income growth.
However, within the
Technology sector 152 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to
1140, from total ROA ranking in the second quarter of 2023 at
1271.
What is ROA?