Nextracker Inc. Class A Common Stock (NXT)
Return on assets (ROA)
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Net income | US$ in thousands | 306,241 | 1,143 |
| Total assets | US$ in thousands | 2,518,780 | 1,419,680 |
| ROA | 12.16% | 0.08% |
March 31, 2024 calculation
ROA = Net income ÷ Total assets
= $306,241K ÷ $2,518,780K
= 12.16%
Peer comparison
Mar 31, 2024
Company name
Symbol
ROA
Nextracker Inc. Class A Common Stock
NXT
12.16%
Garmin Ltd
GRMN
14.99%
L3Harris Technologies Inc
LHX
2.94%
Northrop Grumman Corporation
NOC
4.42%
Teledyne Technologies Incorporated
TDY
6.10%