What is Lennox International Inc 's ROA in the fourth quarter of 2023?
Lennox International Inc achieved a return on average assets (ROA) of
22.3 % in its fourth quarter of 2023, this is above LII's average return on assets of 16.17%.
Lennox International Inc s assets during the 12 months ending in the fourth quarter of 2023 are valued at $2 billion
ROA has improved compared to 20.87% in the third quarter of 2023, due to net income growth.
However, within the
Capital Goods sector 8 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
115, from total ROA ranking in the third quarter of 2023 at
218.
What is ROA?