Southern Ret. on assets
What is the Ret. on assets of Southern?
The Ret. on assets of Southern Company is 3.29%
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 Utilities sector on NYSE compared to Southern
What does Southern do?
Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.
Companies with ret. on assets similar to Southern
- Navkar has Ret. on assets of 3.29%
- APN Industria REIT has Ret. on assets of 3.29%
- Kip McGrath Education Centres has Ret. on assets of 3.29%
- Topaz Corp has Ret. on assets of 3.29%
- WPT Industrial Real Estate Investment Trust has Ret. on assets of 3.29%
- Endesa, S.A has Ret. on assets of 3.29%
- Southern has Ret. on assets of 3.29%
- Barak Valley Cements has Ret. on assets of 3.29%
- Origin Enterprises plc has Ret. on assets of 3.29%
- Granite Construction has Ret. on assets of 3.29%
- Essential Utilities Inc has Ret. on assets of 3.29%
- PLDT Inc has Ret. on assets of 3.30%
- Flaherty & Crumrine Preferred and Income Securities Fund Inc has Ret. on assets of 3.30%