ASPU (Aspen Group) ROA %: 8.63% (As of Jan. 2026)

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ASPU Aspen Group Inc ASPU
42 GF Score
Price $0.30
! 4 Warning Signs
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What is Aspen Group ROA %?

Aspen Group ASPU -6.64% 42 ROA % is 8.63% as of Jan. 2026. GuruFocus rates ASPU with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 264 Education companies, Aspen Group ranks worse than 52.27% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Aspen Group's annualized Net Income for the quarter that ended in Jan. 2026 was $5.74 Mil. Aspen Group's average Total Assets over the quarter that ended in Jan. 2026 was $66.53 Mil. Therefore, Aspen Group's annualized ROA % for the quarter that ended in Jan. 2026 was 8.63%.

The historical rank and industry rank for Aspen Group's ROA % or its related term are showing as below:

ASPU' s ROA % Range Over the Past 10 Years
Min: -430.77   Med: -24.45   Max: 3.74
Current: 3.74

During the past 12 years, Aspen Group's highest ROA % was 3.74%. The lowest was -430.77%. And the median was -24.45%.

ASPU's ROA % is ranked worse than
52.27% of 264 companies
in the Education industry
Industry Median: 4 vs ASPU: 3.74

Aspen Group  (OTCPK:ASPU) 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 bank’s 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:

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=5.74/66.528
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.74 / 41.56)*(41.56 / 66.528)
=Net Margin %*Asset Turnover
=13.81 %*0.6247
=8.63 %

Note: The Net Income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 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.


Aspen Group ROA % Related Terms


Aspen Group ROA % Historical Data

* Premium members only.

The historical data trend for Aspen Group'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.

Aspen Group ROA % Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.02 -21.88 -10.34 -14.21 -11.15

Aspen Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul24 Oct24 Jan25 Jul25 Oct25 Jan26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 2.42 3.91 8.63

ASPU vs VSA, WAFU, AMBO: ROA % Comparison

For the Education & Training Services subindustry, Aspen 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.


Aspen Group ROA % vs Education Industry

For the Education industry and Consumer Defensive sector, Aspen Group's ROA % distribution charts can be found below:

* The bar in red indicates where Aspen Group's ROA % falls into.


ASPU
42GF Score
Aspen Group Inc ASPU
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Group ROA % Calculation

Aspen Group's annualized ROA % for the fiscal year that ended in Apr. 2022 is calculated as:

ROA %=Net Income (A: Apr. 2022 )/( (Total Assets (A: Apr. 2021 )+Total Assets (A: Apr. 2022 ))/ count )
=-9.586/( (80.807+91.066)/ 2 )
=-9.586/85.9365
=-11.15 %

Aspen Group's annualized ROA % for the quarter that ended in Jan. 2026 is calculated as:

ROA %=Net Income (Q: Jan. 2026 )/( (Total Assets (Q: Oct. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=5.74/( (66.381+66.675)/ 2 )
=5.74/66.528
=8.63 %

* 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 (Jan. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 8.63% mean?
Aspen Group (ASPU) has a ROA % of 8.63% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Aspen Group and its competitors. According to the industry distribution chart, Aspen Group ranks #138 out of 264 companies in the Education industry, placing it in the top 52.3%.
Is Aspen Group's ROA % too high?
Aspen Group's current ROA % is 8.63%. The Education industry median ROA % is 4.00. Aspen Group's value of 8.63% is 115.8% above this industry median. Based on the distribution chart, Aspen Group ranks #138 out of 264 companies in the Education industry, which is below the industry midpoint. Overall, Aspen Group has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Aspen Group's ROA % compare to VSA and WAFU?
According to the Education industry distribution chart, Aspen Group ranks #138 out of 264 companies for ROA %. This places Aspen Group in the lower half of its industry. The industry median ROA % is 4.00. Aspen Group's value of 8.63% is 115.8% 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 an Education company?
The median ROA % among Education companies is 4.00, based on 264 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. Aspen Group's current ROA % of 8.63% is 115.8% 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 Aspen Group and its competitors. For the Education industry, the median ROA % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Group's current ROA % is 8.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Group stock overvalued right now?
Aspen Group (ASPU) has a current ROA % of 8.63%. The current ROA % is 8.63% and 115.8% above the Education industry median of 4.00. Aspen Group's overall GF Score™ is 42/100 with 4 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 Aspen Group (ASPU), the current ROA % is 8.63% as of Jan. 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.

Aspen Group Business Description

Address 4605 E. Elwood Street, Suite 300 and 400, Phoenix, AZ, USA, 85040
Aspen Group Inc is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to offer Associate, Bachelor's, Master's, and Doctoral degree programs that span multiple programs of study with a concentrated focus on nursing. The schools at its universities include; the School of Nursing and Health Sciences; School of Education; and School of Business and Technology. The company offers affordable tuition and flexible financing solutions to students, to deliver on its vision of making college education affordable again.
42GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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