What is Lpl Financial Holdings Inc 's ROA in the fourth quarter of 2023?
Lpl Financial Holdings Inc achieved a return on average assets (ROA) of
11.04 % in its fourth quarter of 2023, this is above LPLA's average return on assets of 6.35%.
Lpl Financial Holdings Inc s assets during the 12 months ending in the fourth quarter of 2023 are valued at $9 billion
ROA has improved compared to 7.34% in the third quarter of 2023, due to net income growth.
However, within the
Financial sector 14 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
319, from total ROA ranking in the third quarter of 2023 at
824.
What is ROA?