What is The Odp's ROA in the third quarter of 2023?
The Odp Corporation achieved a return on average assets (ROA) of
6.16 % in its third quarter of 2023, this is above ODP's average return on assets of -0.47%.
The Odp Corporations assets during the 12 months ending in the third quarter of 2023 are valued at $3 billion
ROA has improved compared to 5.83% in the second quarter of 2023, due to net income growth.
However, within the
Retail sector 83 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
1209, from total ROA ranking in the second quarter of 2023 at
1282.
What is ROA?