Invesco Quality Municipal Income Trust (IQI) Return on Assets (ROA)

Price: $9.59
Market Cap: $507.16M
Avg Volume: 172.90K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Beta: 0.642
52W Range: $9.23-10.53
Website: Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust Return on Assets (ROA) Summary

Invesco Quality Municipal Income Trust's ROA indicates the return generated on the company's assets:

  • Annual: 5.07%
  • Quarterly: 1.77%
  • TTM: 5.99%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess Invesco Quality Municipal Income Trust's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 7.62%
    • Quarterly: 2.64%
    • TTM: 8.92%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 4.03%
    • Quarterly: 263.52%
    • TTM: 778.48%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: 5.07%
    • Quarterly: 1.77%
    • TTM: 5.99%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: 110.75%
    • Quarterly: 79.83%
    • TTM: 154.70%

These metrics provide insights into Invesco Quality Municipal Income Trust's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROA

5.07%

Quarterly ROA

1.77%

TTM ROA

5.99%

Invesco Quality Municipal Income Trust Historical ROA
8.07%8.07%4.47%4.47%0.88%0.88%-2.72%-2.72%-6.31%-6.31%-9.91%-9.91%ROA201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROE
18.23%18.23%12.61%12.61%6.98%6.98%1.36%1.36%-4.26%-4.26%-9.89%-9.89%-15.51%-15.51%ROE201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
53.04%53.04%38.64%38.64%24.25%24.25%9.86%9.86%-4.54%-4.54%-18.93%-18.93%-33.32%-33.32%ROIC201620162017201720182018201920192020202020212021202220222023202320242024
Historical Profit Margin
195.81%195.81%130.54%130.54%65.27%65.27%0.00%0.00%Profit Margin201620162017201720182018201920192020202020212021202220222023202320242024
Historical Return on Tangible Assets
8.07%8.07%4.47%4.47%0.88%0.88%-2.72%-2.72%-6.31%-6.31%-9.91%-9.91%Return on Tangible Assets201620162017201720182018201920192020202020212021202220222023202320242024

Invesco Quality Municipal Income Trust Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROA ROE ROIC Profit Margin Return on Tangible Assets
2024 5.07% 7.62% 4.03% 110.75% 5.07%
2023 -9.91% -15.51% -1.99% 100.47% -9.91%
2022 -0.42% -0.67% -33.32% 109.80% -0.42%
2021 0.39% 0.62% 38.64% 91.51% 0.39%
2020 7.47% 11.95% 2.12% 99.56% 7.47%
2019 2.14% 3.53% 8.84% 97.20% 2.14%
2018 2.32% 3.79% -1.06% 98.08% 2.32%
2017 0.48% 0.76% 0.00% 135.33% 0.48%
2016 3.93% 6.11% 3.95% 92.49% 3.93%
2015 8.07% 12.61% 1.95% 187.93% 8.07%

Related Metrics

Explore detailed financial metrics and analysis for IQI.