ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Huron Consulting Group's annualizedNet Income for the quarter that ended in Mar. 2024 was $72 Mil.
Huron Consulting Group's average Total Assets over the quarter that ended in Mar. 2024 was $1,305 Mil. Therefore, Huron Consulting Group's annualized ROA % for the quarter that ended in Mar. 2024 was 5.52%.
The historical rank and industry rank for Huron Consulting Group's ROA % or its related term are showing as below:
HURN'
s ROA % Range Over the Past 10 Years
Min: -15.53 Med: 4.48 Max: 7.74
Current: 5.25
During the past 13 years, Huron Consulting Group's highest ROA % was 7.74%. The lowest was -15.53%. And the median was 4.48%.
HURN's ROA % is ranked better than 62.53% of 1081
companies
in the Business Services industry
Industry Median: 3.57
vs HURN: 5.25
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Huron Consulting Group's ROA %
For the Consulting Services subindustry, Huron Consulting Group's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Huron Consulting Group's ROA % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Huron Consulting Group's ROA % distribution charts can be found below:
* The bar in red indicates where Huron Consulting Group's ROA % falls into.
Huron Consulting Group ROA % Calculation
Huron Consulting Group's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Huron Consulting Group (NAS:HURN) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Huron Consulting Group ROA % Related Terms
Thank you for viewing the detailed overview of Huron Consulting Group's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Huron Consulting Group (Huron Consulting Group) Business Description
Huron Consulting Group Inc is a professional services firm. The company provides expertise in strategy, technology, operations, advisory services, & analytics through three operating segments namely Healthcare, Education, and Business Advisory. Healthcare segment helps the firms to transform and innovate the delivery model to focus on patient wellness by improving quality outcomes, minimizing care variation and fundamentally improving patient and population health, Education segment provides management consulting and technology solutions, and Business Advisory segment provides services to large and middle-market organizations, not-for-profit organizations, and private equity firms. It generates a majority of its revenue from the Healthcare Segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HURN has been successfully added to your 