What is Eaton Vance Municipalome 2028 Term Trust ROA %?
Eaton Vance Municipalome 2028 Term TrustETX +0.08%34 ROA % is 4.94% as of Jan. 2026, which is 80% above its 10-year median of 2.74. GuruFocus rates ETX with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 1,636 Asset Management companies, Eaton Vance Municipalome 2028 Term Trust ranks better than 50% on this metric.
ETX's ROA % is ranked better than 50% of 1636
companies
in the Asset Management industry
Industry Median: 4.02
vs ETX: 4.02
Eaton Vance Municipalome 2028 Term Trust (NYSE:ETX) 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 two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Eaton Vance Municipalome 2028 Term Trust ROA % Related Terms
Eaton Vance Municipalome 2028 Term Trust ROA % Historical 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.
Eaton Vance Municipalome 2028 Term Trust ROA % Chart
Eaton Vance Municipalome 2028 Term Trust Annual Data
For the Asset Management subindustry, Eaton Vance Municipalome 2028 Term Trust'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.
Eaton Vance Municipalome 2028 Term Trust ROA % vs Asset Management Industry
* 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 two times the semi-annual (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Eaton Vance Municipalome 2028 Term Trust (ETX) has a ROA % of 4.94% 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 Eaton Vance Municipalome 2028 Term Trust and its competitors. This is 80% above median its historical median of 2.74. According to the industry distribution chart, Eaton Vance Municipalome 2028 Term Trust ranks #818 out of 1636 companies in the Asset Management industry, placing it in the top 50%.
Is Eaton Vance Municipalome 2028 Term Trust's ROA % too high?
Eaton Vance Municipalome 2028 Term Trust's current ROA % of 4.94% is 80% above median its 10-year median of 2.74. The Asset Management industry median ROA % is 4.02. Eaton Vance Municipalome 2028 Term Trust's value of 4.94% is 22.9% above this industry median. Based on the distribution chart, Eaton Vance Municipalome 2028 Term Trust ranks #818 out of 1636 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eaton Vance Municipalome 2028 Term Trust has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Municipalome 2028 Term Trust's ROA % compare to DMB and FT?
According to the Asset Management industry distribution chart, Eaton Vance Municipalome 2028 Term Trust ranks #818 out of 1636 companies for ROA %. This puts Eaton Vance Municipalome 2028 Term Trust in the upper half of its industry. The industry median ROA % is 4.02. Eaton Vance Municipalome 2028 Term Trust's value of 4.94% is 22.9% above this benchmark. While the company's 10-year median is 2.74 vs. the industry median of 4.02, Eaton Vance Municipalome 2028 Term Trust has consistently been above the industry average. 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 Asset Management company?
The median ROA % among Asset Management companies is 4.02, based on 1,636 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. Eaton Vance Municipalome 2028 Term Trust's current ROA % of 4.94% is 22.9% 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 Eaton Vance Municipalome 2028 Term Trust and its competitors. For the Asset Management industry, the median ROA % is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Municipalome 2028 Term Trust's current ROA % is 4.94%, which is 80% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Municipalome 2028 Term Trust stock overvalued right now?
Eaton Vance Municipalome 2028 Term Trust (ETX) has a current ROA % of 4.94%. The current ROA % is 4.94%, which is 80% above median its 10-year median of 2.74 and 22.9% above the Asset Management industry median of 4.02. Eaton Vance Municipalome 2028 Term Trust's overall GF Score™ is 34/100 with 1 warning sign 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 Eaton Vance Municipalome 2028 Term Trust (ETX), the current ROA % is 4.94% 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.
Eaton Vance Municipalome 2028 Term Trust Business Description
Eaton Vance Municipal Income 2028 Term Trust is a closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax. It provides investing and wealth management solutions to financial advisors and high-net-worth individuals. The Trust operates as a single reportable segment.
34GF Score
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