Amer SportsAS +0.80%46 ROA % is 6.56% as of Mar. 2026. GuruFocus rates AS with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 856 Travel & Leisure companies, Amer Sports ranks better than 66.82% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Amer Sports's annualizedNet Income for the quarter that ended in Mar. 2026 was $658 Mil.
Amer Sports's average Total Assets over the quarter that ended in Mar. 2026 was $10,038 Mil. Therefore, Amer Sports's annualized ROA % for the quarter that ended in Mar. 2026 was 6.56%.
The historical rank and industry rank for Amer Sports's ROA % or its related term are showing as below:
AS'
s ROA % Range Over the Past 10 Years
Min: -3.19 Med: -2.04 Max: 4.83
Current: 4.83
During the past 6 years, Amer Sports's highest ROA % was 4.83%. The lowest was -3.19%. And the median was -2.04%.
AS's ROA % is ranked better than 66.82% of 856
companies
in the Travel & Leisure industry
Industry Median: 2.375
vs AS: 4.83
Amer Sports (NYSE:AS) 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. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Amer Sports ROA % Related Terms
Amer Sports ROA % Historical Data
* Premium members only.
The historical data trend for Amer Sports's ROA % can be seen below:
* 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.
For the Leisure subindustry, Amer Sports'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.
Amer Sports ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's ROA % distribution charts can be found below:
* The bar in red indicates where Amer Sports's ROA % falls into.
* 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. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Amer Sports (AS) has a ROA % of 6.56% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Amer Sports and its competitors. According to the industry distribution chart, Amer Sports ranks #284 out of 856 companies in the Travel & Leisure industry, placing it in the top 33.2%.
Is Amer Sports' ROA % too high?
Amer Sports' current ROA % is 6.56%. The Travel & Leisure industry median ROA % is 2.38. Amer Sports' value of 6.56% is 176.2% above this industry median. Based on the distribution chart, Amer Sports ranks #284 out of 856 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Amer Sports has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Amer Sports' ROA % compare to HAS and LTH?
According to the Travel & Leisure industry distribution chart, Amer Sports ranks #284 out of 856 companies for ROA %. This puts Amer Sports in the upper half of its industry. The industry median ROA % is 2.38. Amer Sports' value of 6.56% is 176.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.38, based on 856 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amer Sports's current ROA % of 6.56% is 176.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Amer Sports and its competitors. For the Travel & Leisure industry, the median ROA % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amer Sports's current ROA % is 6.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amer Sports stock overvalued right now?
Amer Sports (AS) has a current ROA % of 6.56%. The current ROA % is 6.56% and 176.2% above the Travel & Leisure industry median of 2.38. Amer Sports' overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Amer Sports (AS), the current ROA % is 6.56% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $6.6 billion in 2025. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2025, the firm generated 32% of its revenue from the Americas, 28% from Europe, the Middle East, and Africa, 28% from China, and 12% from the Asia-Pacific, excluding China.
46GF Score
Get the complete analysis for AS
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AS has been successfully added to your 
