Chevron Ret. on assets
What is the Ret. on assets of Chevron?
The Ret. on assets of Chevron Corporation is 7.78%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Energy sector on XETRA compared to Chevron
What does Chevron do?
Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.
Companies with ret. on assets similar to Chevron
- Novozymes A/S has Ret. on assets of 7.77%
- Tidewater has Ret. on assets of 7.77%
- Hilton Worldwide Inc has Ret. on assets of 7.77%
- Hilton World.Hdgs Dl ,01 has Ret. on assets of 7.77%
- Enersys has Ret. on assets of 7.77%
- Shenzhen Qingyi Photomask has Ret. on assets of 7.78%
- Chevron has Ret. on assets of 7.78%
- Halliburton has Ret. on assets of 7.79%
- Ocean Bio-Chem has Ret. on assets of 7.79%
- City Merchants High Yield Trust has Ret. on assets of 7.79%
- Smurfit Kappa Plc has Ret. on assets of 7.79%
- Smurfit Kappa Plc has Ret. on assets of 7.79%
- Axtel Industries has Ret. on assets of 7.80%