ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Spire Global's annualizedNet Income for the quarter that ended in Mar. 2026 was €-89.42 Mil.
Spire Global's average Total Assets over the quarter that ended in Mar. 2026 was €169.18 Mil. Therefore, Spire Global's annualized ROA % for the quarter that ended in Mar. 2026 was -52.85%.
The historical rank and industry rank for Spire Global's ROA % or its related term are showing as below:
STU:EL9'
s ROA % Range Over the Past 10 Years
Min: -73.17 Med: -39.54 Max: 25.36
Current: 22.96
During the past 6 years, Spire Global's highest ROA % was 25.36%. The lowest was -73.17%. And the median was -39.54%.
STU:EL9's ROA % is ranked better than 97.81% of 1096
companies
in the Business Services industry
Industry Median: 3.455
vs STU:EL9: 22.96
Spire Global (STU:EL9) 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.
Spire Global ROA % Related Terms
Spire Global ROA % Historical Data
* Premium members only.
The historical data trend for Spire Global'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 Specialty Business Services subindustry, Spire Global'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.
Spire Global ROA % vs Business Services Industry
For the Business Services industry and Industrials sector, Spire Global's ROA % distribution charts can be found below:
* The bar in red indicates where Spire Global'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.
Spire Global (STU:EL9) has a ROA % of -52.85% 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 Spire Global and its competitors. According to the industry distribution chart, Spire Global ranks #24 out of 1096 companies in the Business Services industry, placing it in the top 2.2%.
Is Spire Global's ROA % too high?
Spire Global's current ROA % is -52.85%. Based on the distribution chart, Spire Global ranks #24 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Spire Global has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spire Global's ROA % compare to CASS and QUAD?
According to the Business Services industry distribution chart, Spire Global ranks #24 out of 1096 companies for ROA %. This places Spire Global in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 3.46. 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 Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 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 Spire Global and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spire Global's current ROA % is -52.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire Global stock overvalued right now?
Based on GuruFocus' analysis, Spire Global (STU:EL9) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.77, compared to a current price of €15.30 — trading 305.8% above its estimated fair value. The current ROA % is -52.85%. Spire Global's overall GF Score™ is 59/100 with 8 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 Spire Global (STU:EL9), the current ROA % is -52.85% 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.
Is Spire Global (STU:EL9) Overvalued in 2026?
Based on GuruFocus' analysis, Spire Global stock appears to be overvalued.
The current stock price of €15.30 is trading 305.8% above its estimated GF Value™ of €3.77.
GuruFocus considers Spire Global to be Significantly Overvalued.
Key valuation signals for STU:EL9:
ROA %: -52.85%
GF Value™: €3.77 vs. price of €15.30 (305.8% above fair value)
No single metric tells the full story. See the STU:EL9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spire Global Inc provides space-based data, analytics, and space services, offering datasets and insights about Earth to support decision-making. It builds, owns, and operates a constellation of nanosatellites that observe the Earth in real time using radio frequency (RF) technology. Additionally, it offers Space Services solutions that allow customers to deploy and scale their own satellite constellations using its platform, ground station network, manufacturing facilities, and launch partnerships. The company derives revenue from providing data, insights and access to its cloud-based technology platform sold on a subscription basis.
59GF Score
Get the complete analysis for STU:EL9
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:EL9 has been successfully added to your 
