Basis: Trailing twelve months (TTM net income over the latest quarterly balance sheet). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on assets (ROA) high or low?
The return on assets (ROA) of 3.13% is 63% below its 5-year average of 8.46%, near the low end of its 5-year range (0.55%–21.45%).
7.26% below its 12-month average of 3.38%.
Reported quarterly return on assets; no daily interpolation. Q2 FY2026 (2026-06-30): 1.19%.
RETURN ON ASSETS (ROA)
3.13%
RETURN ON ASSETS (ROA) AVG TTM
3.38%
RETURN ON ASSETS (ROA) AVG 3Y
8.23%
RETURN ON ASSETS (ROA) AVG 5Y
8.46%
RETURN ON ASSETS (ROA) AVG 10Y
N/A
RETURN ON ASSETS (ROA) AVG 15Y
N/A
RETURN ON ASSETS (ROA) AVG 20Y
N/A
CURRENT VS TTM AVG
-7.26%
CURRENT VS 3Y AVG
-61.99%
CURRENT VS 5Y AVG
-63.02%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
3.79%
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
-17.52%
vs the sector median at left
Shoals Technologies Group, Inc.
Market Cap
$1.42B
Return on Assets (ROA)
3.13%
TTM Avg
3.38%
3Y Avg
8.23%
5Y Avg
8.46%
Market Cap
$1.40B
Return on Assets (ROA)
27.96%
TTM Avg
21.87%
3Y Avg
43.90%
5Y Avg
41.36%
Market Cap
$1.46B
Return on Assets (ROA)
13.80%
TTM Avg
20.81%
3Y Avg
26.66%
5Y Avg
18.14%
Market Cap
$1.04B
Return on Assets (ROA)
-2.79%
TTM Avg
1.83%
3Y Avg
5.27%
5Y Avg
1.50%
Market Cap
$1.82B
Return on Assets (ROA)
-2.36%
TTM Avg
-1.72%
3Y Avg
-6.88%
5Y Avg
-7.43%
Market Cap
$1.85B
Return on Assets (ROA)
0.34%
TTM Avg
-6.22%
3Y Avg
-4.85%
5Y Avg
-3.51%
Market Cap
$881.99M
Return on Assets (ROA)
-16.22%
TTM Avg
-10.77%
3Y Avg
-5.40%
5Y Avg
-3.66%
Market Cap
$844.61M
Return on Assets (ROA)
2.85%
TTM Avg
1.68%
3Y Avg
0.84%
5Y Avg
0.84%
Market Cap
$785.55M
Return on Assets (ROA)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shoals Technologies Group, Inc. (SHLS) | $1.42B | 3.13% | 3.38% | 8.23% | 8.46% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.40B | 27.96% | 21.87% | 43.90% | 41.36% |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 13.80% | 20.81% | 26.66% | 18.14% |
| HighPeak Energy, Inc. (HPK)vs › | $1.04B | -2.79% | 1.83% | 5.27% | 1.50% |
| Nextdecade Corp (NEXT)vs › | $1.82B | -2.36% | -1.72% | -6.88% | -7.43% |
| Sunrun Inc. (RUN)vs › | $1.85B | 0.34% | -6.22% | -4.85% | -3.51% |
| ProFrac Holding Corp. (ACDC)vs › | $881.99M | -16.22% | -10.77% | -5.40% | -3.66% |
| HMH Holding Inc. Class A Common Stock (HMH)vs › | $844.61M | 2.85% | 1.68% | 0.84% | 0.84% |
| New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock (NFEGP)vs › | $785.55M | N/A | N/A | N/A | N/A |
| Canadian Solar Inc. (CSIQ)vs › | $783.53M | -1.16% | -0.21% | 1.14% | 1.34% |
ROA
3.1%
ROE
5.2%
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2025-12-31 | 3.71% |
| 2024-12-31 | 3.04% |
| 2023-12-31 | 4.74% |
| 2022-12-31 | 21.45% |
| 2021-12-31 | 0.55% |
| 2020-12-31 | 17.29% |
| 2019-12-31 | 13.40% |
| 2018-12-31 | 4.66% |