Operating Return on Assets (OROA)
Operating Return on Assets (OROA) is a financial metric used to measure a company's profitability by comparing its operating income to its total assets. It is calculated by dividing the company's operating income by its total assets. OROA provides insight into how effectively a company is using its assets to generate income. A high OROA indicates that the company is using its assets efficiently, while a low OROA suggests that the company's assets are not being utilized to their full potential.
Additional Details
| Metric Name |
Type |
Default Period Type |
| oroa |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
perc |
percentage |