What is Lpl Financial Holdings Inc 's ROA in the third quarter of 2024?
Lpl Financial Holdings Inc achieved a return on average assets (ROA) of
10.47 % in its third quarter of 2024, this is above LPLA's average return on assets of 6.8%.
Lpl Financial Holdings Inc s assets during the 12 months ending in the third quarter of 2024 are valued at $12 billion
ROA fell compared to the second quarter of 2024, despite the net income growth of 4.72% from the second quarter of 2024.
However, within the
Financial sector 29 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2024 quarter, so far to
292, from total ROA ranking in the second quarter of 2024 at
416.
What is ROA?