Affirm HoldingsSTU:78P 81 ROA % is 3.15% as of Mar. 2026. GuruFocus rates STU:78P with a GF Score™ of 81/100. The stock has 7 warning signs investors should review. Among 546 Credit Services companies, Affirm Holdings ranks better than 68.5% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Affirm Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $411.60 Mil.
Affirm Holdings's average Total Assets over the quarter that ended in Mar. 2026 was $13,049.24 Mil. Therefore, Affirm Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 3.15%.
The historical rank and industry rank for Affirm Holdings's ROA % or its related term are showing as below:
STU:78P'
s ROA % Range Over the Past 10 Years
Min: -14.07 Med: -10.49 Max: 0.5
Current: 3.23
During the past 7 years, Affirm Holdings's highest ROA % was 0.50%. The lowest was -14.07%. And the median was -10.49%.
STU:78P's ROA % is ranked better than 68.5% of 546
companies
in the Credit Services industry
Industry Median: 1.915
vs STU:78P: 3.23
Affirm Holdings (STU:78P) 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 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.
Affirm Holdings ROA % Related Terms
Affirm Holdings ROA % Historical Data
* Premium members only.
The historical data trend for Affirm Holdings'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.
For the Credit Services subindustry, Affirm Holdings'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.
Affirm Holdings ROA % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Affirm Holdings's ROA % distribution charts can be found below:
* The bar in red indicates where Affirm Holdings's ROA % falls into.
* 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.
Affirm Holdings (STU:78P) has a ROA % of 3.15% 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 Affirm Holdings and its competitors. According to the industry distribution chart, Affirm Holdings ranks #172 out of 546 companies in the Credit Services industry, placing it in the top 31.5%.
Is Affirm Holdings' ROA % too high?
Affirm Holdings' current ROA % is 3.15%. The Credit Services industry median ROA % is 1.92. Affirm Holdings' value of 3.15% is 64.5% above this industry median. Based on the distribution chart, Affirm Holdings ranks #172 out of 546 companies in the Credit Services industry, which is above the industry midpoint. Overall, Affirm Holdings has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Affirm Holdings' ROA % compare to SYF and SOFI?
According to the Credit Services industry distribution chart, Affirm Holdings ranks #172 out of 546 companies for ROA %. This puts Affirm Holdings in the upper half of its industry. The industry median ROA % is 1.92. Affirm Holdings' value of 3.15% is 64.5% 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 a Credit Services company?
The median ROA % among Credit Services companies is 1.92, based on 546 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. Affirm Holdings's current ROA % of 3.15% is 64.5% 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 Affirm Holdings and its competitors. For the Credit Services industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Affirm Holdings's current ROA % is 3.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Affirm Holdings stock overvalued right now?
Affirm Holdings (STU:78P) has a current ROA % of 3.15%. The current ROA % is 3.15% and 64.5% above the Credit Services industry median of 1.92. Affirm Holdings' overall GF Score™ is 81/100 with 7 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 Affirm Holdings (STU:78P), the current ROA % is 3.15% 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.
Founded in 2012, Affirm is a market leader in the buy now, pay later space with around $36 billion in transaction volume in fiscal 2025. Affirm offers both zero-interest financing, which is merchant subsidized, and interest-bearing loans, which function as personal loans that are approved on a per-transaction basis. Over 70% of Affirm's transaction volume comes from its interest-bearing loans, which also constitute the majority of its revenue. Affirm primarily operates in the United States, which accounted for more than 95% of its revenue in 2025, but it has also expanded to Canada and the United Kingdom.
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