What is Zimmer Biomet Holdings Inc 's ROA in the third quarter of 2023?
Zimmer Biomet Holdings Inc achieved a return on average assets (ROA) of
2.24 % in its third quarter of 2023, this is above ZBH's average return on assets of 2.09%.
Zimmer Biomet Holdings Inc s assets during the 12 months ending in the third quarter of 2023 are valued at $21 billion
ROA decreased relative to the period ending Jun 30 2023, due to the decline in net income.
However, within the
Healthcare sector 180 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
1788, from total ROA ranking in the second quarter of 2023 at
1798.
What is ROA?