What is Hamilton Beach Brands Holding's ROA in the fourth quarter of 2023?
Hamilton Beach Brands Holding Company achieved a return on average assets (ROA) of
7.89 % in its fourth quarter of 2023, this is above HBB's average return on assets of 7.16%.
Hamilton Beach Brands Holding Company assets over the 12 months ending in its fourth quarter of 2023 are valued at $320 million
ROA has improved compared to 4% in the third quarter of 2023, due to net income growth.
However, within the
Conglomerates sector 3 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
669, from total ROA ranking in the third quarter of 2023 at
1471.
What is ROA?