NPWR (NET Power) ROA %: -6.90% (As of Mar. 2026)


NPWR NET Power Inc NPWR
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What is NET Power ROA %?

NET Power NPWR -2.54% 31 ROA % is -6.90% as of Mar. 2026. GuruFocus rates NPWR with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 3,081 Industrial Products companies, NET Power ranks worse than 96.59% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NET Power's annualized Net Income for the quarter that ended in Mar. 2026 was $-39.43 Mil. NET Power's average Total Assets over the quarter that ended in Mar. 2026 was $571.26 Mil. Therefore, NET Power's annualized ROA % for the quarter that ended in Mar. 2026 was -6.90%.

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

NPWR' s ROA % Range Over the Past 10 Years
Min: -43.43   Med: -25.69   Max: -2.06
Current: -43.43

During the past 5 years, NET Power's highest ROA % was -2.06%. The lowest was -43.43%. And the median was -25.69%.

NPWR's ROA % is ranked worse than
96.59% of 3081 companies
in the Industrial Products industry
Industry Median: 3.06 vs NPWR: -43.43

NET Power  (NYSE:NPWR) 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
=-39.428/571.2615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-39.428 / 0)*(0 / 571.2615)
=Net Margin %*Asset Turnover
=N/A %*0
=-6.90 %

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.


NET Power ROA % Related Terms


NET Power ROA % Historical Data

* Premium members only.

The historical data trend for NET Power'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.

NET Power ROA % Chart

NET Power Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
0.00 -25.69 0.00 -2.06 -39.99

NET Power 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 -23.10 -6.20 -136.07 -12.78 -6.90

NPWR vs ZJK, TAYD, HUHU: ROA % Comparison

For the Specialty Industrial Machinery subindustry, NET Power'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.


NET Power ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NET Power's ROA % distribution charts can be found below:

* The bar in red indicates where NET Power's ROA % falls into.


NPWR
31GF Score
NET Power Inc NPWR
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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NET Power ROA % Calculation

NET Power'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 )
=-578.628/( (2294.115+599.701)/ 2 )
=-578.628/1446.908
=-39.99 %

NET Power'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 )
=-39.428/( (599.701+542.822)/ 2 )
=-39.428/571.2615
=-6.90 %

* 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 -6.90% mean?
NET Power (NPWR) has a ROA % of -6.90% 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 NET Power and its competitors. According to the industry distribution chart, NET Power ranks #2976 out of 3081 companies in the Industrial Products industry, placing it in the top 96.6%.
Is NET Power's ROA % too high?
NET Power's current ROA % is -6.90%. Based on the distribution chart, NET Power ranks #2976 out of 3081 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NET Power has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does NET Power's ROA % compare to ZJK and TAYD?
According to the Industrial Products industry distribution chart, NET Power ranks #2976 out of 3081 companies for ROA %. This places NET Power in the lower half of its industry. The industry median ROA % is 3.06. 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,081 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. 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 NET Power and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NET Power's current ROA % is -6.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NET Power stock overvalued right now?
NET Power (NPWR) has a current ROA % of -6.90%. The current ROA % is -6.90%. NET Power's overall GF Score™ is 31/100 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 NET Power (NPWR), the current ROA % is -6.90% 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.

NET Power Business Description

Address 320 Roney Street, Suite 200, Durham, NC, USA, 27701
NET Power Inc is a clean energy technology company that has developed a novel power generation system, which it refers to as the NET Power Cycle, designed to produce clean, reliable, and low-cost electricity from natural gas while capturing virtually all atmospheric emissions. Its business model is to license its technology to customers and enable them to build, own, and operate facilities that utilize the Net Power Cycle. The company has conducted a successful demonstration of its technology at the La Porte Demonstration Facility and is developing a utility-scale power plant in Texas named Project Permian.
31GF 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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