Health Care Equipment & Supplies Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1IDXX IDEXX Laboratories
0.23
(0.11)
 1.82 
(0.19)
2BTMD biote Corp
0.18
 0.04 
 4.87 
 0.21 
3LNTH Lantheus Holdings
0.17
(0.05)
 3.67 
(0.19)
4IRMD Iradimed Co
0.15
 0.11 
 2.17 
 0.24 
5SMLR Semler Scientific
0.15
 0.20 
 8.00 
 1.61 
6RMD ResMed Inc
0.13
 0.03 
 1.72 
 0.05 
7EW Edwards Lifesciences Corp
0.11
 0.04 
 1.58 
 0.06 
8INMD InMode
0.11
 0.10 
 3.00 
 0.29 
9PDEX Pro Dex
0.1
 0.25 
 5.74 
 1.41 
10WST West Pharmaceutical Services
0.1
 0.03 
 2.87 
 0.09 
11SRTS Sensus Healthcare
0.097
 0.14 
 3.57 
 0.50 
12EMBC Embecta Corp
0.0964
 0.10 
 4.89 
 0.47 
13UFPT UFP Technologies
0.0891
 0.00 
 3.93 
(0.02)
14LMAT LeMaitre Vascular
0.0872
 0.15 
 1.83 
 0.27 
15ELMD Electromed
0.0839
 0.35 
 2.83 
 0.99 
16UTMD Utah Medical Products
0.0818
(0.05)
 1.10 
(0.05)
17ISRG Intuitive Surgical
0.0795
 0.09 
 1.72 
 0.16 
18SOLV Solventum Corp
0.0766
 0.14 
 1.52 
 0.21 
19PODD Insulet
0.0757
 0.26 
 1.72 
 0.45 
20SYK Stryker
0.0711
 0.12 
 1.08 
 0.13 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time. Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.