What is Halliburton's ROA in the fourth quarter of 2023?
Halliburton Company achieved a return on average assets (ROA) of
11.49 % in its fourth quarter of 2023, this is above HAL's average return on assets of 6.76%.
Halliburton Companys assets during the 12 months ending in the fourth quarter of 2023 are valued at $23 billion
ROA decreased relative to the period ending Sep 30 2023, due to the decline in net income.
However, within the
Energy sector 45 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
395, from total ROA ranking in the third quarter of 2023 at
511.
What is ROA?