Wells Fargo & (WFC) Return on Assets (ROA)
Market Cap: $220.93B
Avg Volume: 17.19M
Industry: Banks - Diversified
Sector: Financial Services
Wells Fargo & Return on Assets (ROA) Summary
Wells Fargo &'s ROA indicates the return generated on the company's assets:
- Annual: 0.99%
- Quarterly: 0.27%
- TTM: 0.94%
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 Wells Fargo &'s profitability include:
- ROE (Return on Equity) - measures the return generated on shareholders' equity:
- Annual: 10.31%
- Quarterly: 2.79%
- TTM: 9.96%
- ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
- Annual: 4.70%
- Quarterly: 1.27%
- TTM: 4.35%
- Return on Tangible Assets - measures the return generated on the company's tangible assets:
- Annual: 1.01%
- Quarterly: 0.27%
- TTM: 0.96%
- Profit Margin - shows the percentage of revenue that has turned into profit:
- Annual: 23.18%
- Quarterly: 26.50%
- TTM: 22.24%
These metrics provide insights into Wells Fargo &'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
0.99%
Quarterly ROA
0.27%
TTM ROA
0.94%
Wells Fargo & Historical ROA
Historical ROE
Historical ROIC
Historical Profit Margin
Historical Return on Tangible Assets
Wells Fargo & Historical Profitability Metrics
The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.
Year | ROA | ROE | ROIC | Profit Margin | Return on Tangible Assets |
---|---|---|---|---|---|
2023 | 0.99% | 10.31% | 4.70% | 23.18% | 1.01% |
2022 | 0.73% | 7.60% | 3.17% | 18.54% | 0.74% |
2021 | 1.13% | 11.78% | 6.08% | 28.17% | 1.15% |
2020 | 0.09% | 0.97% | 0.48% | 2.47% | 0.09% |
2019 | 1.02% | 10.53% | 3.89% | 23.18% | 1.04% |
2018 | 1.18% | 11.42% | 4.31% | 25.92% | 1.21% |
2017 | 1.14% | 10.72% | 5.48% | 25.46% | 1.16% |
2016 | 1.14% | 10.99% | 4.29% | 25.10% | 1.16% |
2015 | 1.28% | 11.85% | 5.06% | 27.31% | 1.31% |
2014 | 1.37% | 12.50% | 5.84% | 28.13% | 1.40% |