What is United Fire Group Inc's ROA in the third quarter of 2023?
United Fire Group Inc achieved a return on average assets (ROA) of
3.45 % in its third quarter of 2023, this is above UFCS's average return on assets of 0.98%.
United Fire Group Inc assets over the 12 months ending in its third quarter of 2023 are valued at $1,055 million
ROA has improved compared to 0.72% in the second quarter of 2023, due to net income growth.
However, within the
Financial sector 466 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
2091, from total ROA ranking in the second quarter of 2023 at
2634.
What is ROA?