EMMA (Emmaus Life Sciences) ROA %: -66.48% (As of Mar. 2026)


What is Emmaus Life Sciences ROA %?

Emmaus Life Sciences EMMA -16.67% ROA % is -66.48% as of Mar. 2026. The stock has 6 warning signs investors should review. Among 1,423 Biotechnology companies, Emmaus Life Sciences ranks worse than 55.8% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Emmaus Life Sciences's annualized Net Income for the quarter that ended in Mar. 2026 was $-13.34 Mil. Emmaus Life Sciences's average Total Assets over the quarter that ended in Mar. 2026 was $20.07 Mil. Therefore, Emmaus Life Sciences's annualized ROA % for the quarter that ended in Mar. 2026 was -66.48%.

The historical rank and industry rank for Emmaus Life Sciences's ROA % or its related term are showing as below:

EMMA' s ROA % Range Over the Past 10 Years
Min: -1101.2   Med: -30.35   Max: 2.28
Current: -39.81

During the past 13 years, Emmaus Life Sciences's highest ROA % was 2.28%. The lowest was -1101.20%. And the median was -30.35%.

EMMA's ROA % is ranked worse than
55.8% of 1423 companies
in the Biotechnology industry
Industry Median: -32.9 vs EMMA: -39.81

Emmaus Life Sciences  (OTCPK:EMMA) 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: Mar. 2026 )
=Net Income/Total Assets
=-13.34/20.066
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.34 / 7.928)*(7.928 / 20.066)
=Net Margin %*Asset Turnover
=-168.26 %*0.3951
=-66.48 %

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.


Emmaus Life Sciences ROA % Related Terms


Emmaus Life Sciences ROA % Historical Data

* Premium members only.

The historical data trend for Emmaus Life Sciences'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.

Emmaus Life Sciences ROA % Chart

Emmaus Life Sciences Annual Data
Trend Sep16 Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.43 -20.25 -8.95 -21.96 -33.27

Emmaus Life Sciences Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -40.45 -19.82 -37.66 -36.99 -66.48

EMMA vs CERO, AGTX, WINT: ROA % Comparison

For the Biotechnology subindustry, Emmaus Life Sciences'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.


Emmaus Life Sciences ROA % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Emmaus Life Sciences's ROA % distribution charts can be found below:

* The bar in red indicates where Emmaus Life Sciences's ROA % falls into.



Emmaus Life Sciences ROA % Calculation

Emmaus Life Sciences's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-7.492/( (23.602+21.436)/ 2 )
=-7.492/22.519
=-33.27 %

Emmaus Life Sciences's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-13.34/( (21.436+18.696)/ 2 )
=-13.34/20.066
=-66.48 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -66.48% mean?
Emmaus Life Sciences (EMMA) has a ROA % of -66.48% 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 Emmaus Life Sciences and its competitors. According to the industry distribution chart, Emmaus Life Sciences ranks #794 out of 1423 companies in the Biotechnology industry, placing it in the top 55.8%.
Is Emmaus Life Sciences' ROA % too high?
Emmaus Life Sciences' current ROA % is -66.48%. Based on the distribution chart, Emmaus Life Sciences ranks #794 out of 1423 companies in the Biotechnology industry, which is below the industry midpoint.
How does Emmaus Life Sciences' ROA % compare to CERO and AGTX?
According to the Biotechnology industry distribution chart, Emmaus Life Sciences ranks #794 out of 1423 companies for ROA %. This places Emmaus Life Sciences in the lower half of its industry. 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 Biotechnology company?
A good ROA % depends on the Biotechnology industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Emmaus Life Sciences and its competitors. Emmaus Life Sciences's current ROA % is -66.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmaus Life Sciences stock overvalued right now?
Based on GuruFocus' analysis, Emmaus Life Sciences (EMMA) is currently considered Fairly Valued. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading right at its estimated fair value. The current ROA % is -66.48%. 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 Emmaus Life Sciences (EMMA), the current ROA % is -66.48% 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.

Emmaus Life Sciences Business Description

Address 21250 Hawthorne Boulevard, Suite 800, Torrance, CA, USA, 90503
Emmaus Life Sciences Inc is a commercial-stage biopharmaceutical company engaged in the discovery, development, marketing and sales of the Company's product Endari (prescription grade L-glutamine oral powder), to reduce the acute complications of sickle cell disease (SCD) in adult and pediatric patients five years of age and older. Endari is reimbursable by the Centers for Medicare and Medicaid Services, and every state provides coverage for Endari for outpatient prescriptions to all eligible Medicaid enrollees within their state Medicaid programs. Endari is also reimbursable by many commercial payors.