What is Prudential Financial Inc 's ROA in the fourth quarter of 2023?
Prudential Financial Inc achieved a return on average assets (ROA) of
0.58 % in its fourth quarter of 2023, this is above PRU's average return on assets of 0.44%.
Prudential Financial Inc s assets during the 12 months ending in the fourth quarter of 2023 are valued at $429 billion
ROA has improved compared to 0.15% in the third quarter of 2023, due to net income growth.
However, within the
Financial sector 408 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
1683, from total ROA ranking in the third quarter of 2023 at
2527.
What is ROA?