Chevron Ret. on assets
What is the Ret. on assets of Chevron?
The Ret. on assets of Chevron Corp. is 7.15%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Energy sector on NYSE compared to Chevron
What does Chevron do?
Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries.
Companies with ret. on assets similar to Chevron
- Primo Water has Ret. on assets of 7.13%
- Renewable Inc has Ret. on assets of 7.13%
- Impro Precision Industries has Ret. on assets of 7.13%
- Dewhurst plc has Ret. on assets of 7.14%
- Escorts has Ret. on assets of 7.14%
- Royal Caribbean has Ret. on assets of 7.14%
- Chevron has Ret. on assets of 7.15%
- Colliers International Inc has Ret. on assets of 7.15%
- Sandvik AB has Ret. on assets of 7.15%
- Gujarat State Fertilizers & Chemicals has Ret. on assets of 7.15%
- Daiichi Sankyo Co has Ret. on assets of 7.15%
- Bliss Gvs Pharma has Ret. on assets of 7.15%
- Yum China Inc has Ret. on assets of 7.15%