What is Kb Home's ROA in the fourth quarter of 2023?
Kb Home achieved a return on average assets (ROA) of
9.2 % in its fourth quarter of 2023, this is above KBH's average return on assets of 2.15%.
Kb Homes assets during the 12 months ending in the fourth quarter of 2023 are valued at $6 billion
ROA fell compared to the third quarter of 2023, despite the net income growth of 0.25% from the third quarter of 2023.
However, within the
Capital Goods sector 67 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Nov 30 2023 quarter, so far to
486, from total ROA ranking in the third quarter of 2023 at
589.
What is ROA?