What is Microsoft's ROA in the first quarter of 2024?
Microsoft Corporation achieved a return on average assets (ROA) of
22.22 % in its first quarter of 2024, this is above MSFT's average return on assets of 17.63%.
Microsoft Corporations assets during the 12 months ending in the first quarter of 2024 are valued at $346 billion
ROA has improved compared to 21.26% in the fourth quarter of 2023, due to net income growth.
However, within the
Technology sector 28 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to
220, from total ROA ranking in the fourth quarter of 2023 at
232.
What is ROA?