Nuveen Municipal Credit Opportunities Fund (NMCO) Return on Assets (ROA)

Price: $9.86
Market Cap: $540.35M
Avg Volume: 153.33K
Country: US
Industry: Asset Management
Sector: Financial Services
Beta: 0.742
52W Range: $9.693-12.199
Website: Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Credit Opportunities Fund Return on Assets (ROA) Summary

Nuveen Municipal Credit Opportunities Fund's ROA indicates the return generated on the company's assets:

  • Annual: 2.91%
  • Quarterly: 0.38%
  • TTM: 2.91%

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 Nuveen Municipal Credit Opportunities Fund's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 4.89%
    • Quarterly: 0.64%
    • TTM: 11.33%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 2.96%
    • Quarterly: 0.24%
    • TTM: 0.85%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: 2.91%
    • Quarterly: 0.38%
    • TTM: 2.91%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: 98.58%
    • Quarterly: 123.24%
    • TTM: 210.29%

These metrics provide insights into Nuveen Municipal Credit Opportunities Fund'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

2.91%

Quarterly ROA

0.38%

TTM ROA

2.91%

Nuveen Municipal Credit Opportunities Fund Historical ROA
13.90%13.90%7.67%7.67%1.44%1.44%-4.80%-4.80%-11.03%-11.03%-17.27%-17.27%ROA202020202021202120222022202320232024202420252025
Historical ROE
21.99%21.99%11.25%11.25%0.52%0.52%-10.22%-10.22%-20.96%-20.96%-31.69%-31.69%ROE202020202021202120222022202320232024202420252025
Historical ROIC
2.96%2.96%-1.91%-1.91%-6.78%-6.78%-11.66%-11.66%-16.53%-16.53%-21.41%-21.41%ROIC202020202021202120222022202320232024202420252025
Historical Profit Margin
155.31%155.31%103.54%103.54%51.77%51.77%0.00%0.00%Profit Margin202020202021202120222022202320232024202420252025
Historical Return on Tangible Assets
13.90%13.90%7.67%7.67%1.44%1.44%-4.80%-4.80%-11.03%-11.03%-17.27%-17.27%Return on Tangible Assets202020202021202120222022202320232024202420252025

Nuveen Municipal Credit Opportunities Fund 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 2.91% 4.89% 2.96% 98.58% 2.91%
2023 -2.42% -4.66% -2.58% 107.34% -2.42%
2022 -17.27% -31.69% -21.41% 100.79% -17.27%
2021 13.90% 21.99% 0.00% 99.17% 13.90%
2020 -7.08% -12.04% 0.00% 101.50% -7.08%
2019 0.50% 0.52% -5.55% 98.11% 0.50%

Related Metrics

Explore detailed financial metrics and analysis for NMCO.

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