Banco BTG Pactual S.A. (LTS:0RKB) ROA %: 2.27% (As of Mar. 2026) — Near Median


What is Banco BTG Pactual S.A. ROA %?

Banco BTG Pactual S.A. LTS:0RKB 79 ROA % is 2.27% as of Mar. 2026, which is 9% above its 10-year median of 2.09. GuruFocus rates LTS:0RKB with a GF Score™ of 79/100. The stock has 3 warning signs investors should review. Among 816 Capital Markets companies, Banco BTG Pactual S.A. ranks better than 60.29% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Banco BTG Pactual S.A.'s annualized Net Income for the quarter that ended in Mar. 2026 was €3,023.86 Mil. Banco BTG Pactual S.A.'s average Total Assets over the quarter that ended in Mar. 2026 was €133,011.53 Mil. Therefore, Banco BTG Pactual S.A.'s annualized ROA % for the quarter that ended in Mar. 2026 was 2.27%.

The historical rank and industry rank for Banco BTG Pactual S.A.'s ROA % or its related term are showing as below:

LTS:0RKB' s ROA % Range Over the Past 10 Years
Min: 0.89   Med: 2.09   Max: 3.2
Current: 2.4

During the past 13 years, Banco BTG Pactual S.A.'s highest ROA % was 3.20%. The lowest was 0.89%. And the median was 2.09%.

LTS:0RKB's ROA % is ranked better than
60.29% of 816 companies
in the Capital Markets industry
Industry Median: 1.5 vs LTS:0RKB: 2.40

Banco BTG Pactual S.A.  (LTS:0RKB) 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
=3023.86/133011.5255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3023.86 / 9779.892)*(9779.892 / 133011.5255)
=Net Margin %*Asset Turnover
=30.92 %*0.0735
=2.27 %

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.


Banco BTG Pactual S.A. ROA % Related Terms


Banco BTG Pactual S.A. ROA % Historical Data

* Premium members only.

The historical data trend for Banco BTG Pactual S.A.'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.

Banco BTG Pactual S.A. ROA % Chart

Banco BTG Pactual S.A. Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 2.09 2.14 1.91 2.20

Banco BTG Pactual S.A. 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 2.07 2.50 2.61 2.34 2.27

LTS:0RKB vs MS, GS, SCHW: ROA % Comparison

For the Capital Markets subindustry, Banco BTG Pactual S.A.'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.


Banco BTG Pactual S.A. ROA % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Banco BTG Pactual S.A.'s ROA % distribution charts can be found below:

* The bar in red indicates where Banco BTG Pactual S.A.'s ROA % falls into.



Banco BTG Pactual S.A. ROA % Calculation

Banco BTG Pactual S.A.'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 )
=2496.248/( (101251.258+126161.072)/ 2 )
=2496.248/113706.165
=2.20 %

Banco BTG Pactual S.A.'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 )
=3023.86/( (126161.072+139861.979)/ 2 )
=3023.86/133011.5255
=2.27 %

* 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 2.27% mean?
Banco BTG Pactual S.A. (LTS:0RKB) has a ROA % of 2.27% 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 Banco BTG Pactual S.A. and its competitors. This is near median its historical median of 2.09. Over the past decade, Banco BTG Pactual S.A.'s ROA % has ranged from 0.89 to 3.20. According to the industry distribution chart, Banco BTG Pactual S.A. ranks #324 out of 816 companies in the Capital Markets industry, placing it in the top 39.7%.
Is Banco BTG Pactual S.A.'s ROA % too high?
Banco BTG Pactual S.A.'s current ROA % of 2.27% is near median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 3.20. The Capital Markets industry median ROA % is 1.50. Banco BTG Pactual S.A.'s value of 2.27% is 51.3% above this industry median. Based on the distribution chart, Banco BTG Pactual S.A. ranks #324 out of 816 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Banco BTG Pactual S.A. has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Banco BTG Pactual S.A.'s ROA % compare to MS and GS?
According to the Capital Markets industry distribution chart, Banco BTG Pactual S.A. ranks #324 out of 816 companies for ROA %. This puts Banco BTG Pactual S.A. in the upper half of its industry. The industry median ROA % is 1.50. Banco BTG Pactual S.A.'s value of 2.27% is 51.3% above this benchmark. Historically, Banco BTG Pactual S.A.'s own ROA % has ranged from 0.89 to 3.20 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.50, Banco BTG Pactual S.A. 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 a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 816 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. Banco BTG Pactual S.A.'s current ROA % of 2.27% is 51.3% 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 Banco BTG Pactual S.A. and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco BTG Pactual S.A.'s current ROA % is 2.27%, which is near median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BTG Pactual S.A. stock overvalued right now?
Banco BTG Pactual S.A. (LTS:0RKB) has a current ROA % of 2.27%. The current ROA % is 2.27%, which is near median its 10-year median of 2.09 and 51.3% above the Capital Markets industry median of 1.50. Banco BTG Pactual S.A.'s overall GF Score™ is 79/100 with 3 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 Banco BTG Pactual S.A. (LTS:0RKB), the current ROA % is 2.27% 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.

Banco BTG Pactual S.A. Business Description

Address Praia de Botafogo, 501 - 5th floor, Botafogo, Torre Corcovado, RJ, BRA, 22250-040
Banco BTG Pactual S.A. is a Brazil-based banking firm. It offers financial products and services regarding commercial, investments, credit, financing, capital leases, insurance, and foreign exchange portfolios, among others, in the country and several locations abroad.