What is La Z Boy Incorporated's ROA in the third quarter of 2024?
La z boy Incorporated achieved a return on average assets (ROA) of
8.29 % in its third quarter of 2024, this is above LZB's average return on assets of 8.06%.
La Z Boy Incorporated assets over the 12 months ending in its third quarter of 2024 are valued at $1,434 million
ROA fell compared to the second quarter of 2024, despite the net income growth of 3.57% from the second quarter of 2024.
However, within the
Consumer Discretionary sector 44 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jan 27 2024 quarter, so far to
685, from total ROA ranking in the second quarter of 2024 at
928.
What is ROA?