ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Partners Group Holding AG's annualizedNet Income for the quarter that ended in Dec. 2025 was CHF1,365 Mil.
Partners Group Holding AG's average Total Assets over the quarter that ended in Dec. 2025 was CHF6,290 Mil. Therefore, Partners Group Holding AG's annualized ROA % for the quarter that ended in Dec. 2025 was 21.70%.
The historical rank and industry rank for Partners Group Holding AG's ROA % or its related term are showing as below:
XSWX:PGHN'
s ROA % Range Over the Past 10 Years
Min: 20.17 Med: 23.8 Max: 33.02
Current: 20.71
During the past 13 years, Partners Group Holding AG's highest ROA % was 33.02%. The lowest was 20.17%. And the median was 23.80%.
XSWX:PGHN's ROA % is ranked better than 89.52% of 1632
companies
in the Asset Management industry
Industry Median: 3.985
vs XSWX:PGHN: 20.71
Partners Group Holding AG (XSWX:PGHN) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
* 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 Asset Management subindustry, Partners Group Holding AG'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.
Partners Group Holding AG ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Partners Group Holding AG's ROA % distribution charts can be found below:
* The bar in red indicates where Partners Group Holding AG'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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Partners Group Holding AG (XSWX:PGHN) has a ROA % of 21.70% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Partners Group Holding AG and its competitors. This is near median its historical median of 23.80. Over the past decade, Partners Group Holding AG's ROA % has ranged from 20.17 to 33.02. According to the industry distribution chart, Partners Group Holding AG ranks #171 out of 1632 companies in the Asset Management industry, placing it in the top 10.5%.
Is Partners Group Holding AG's ROA % too high?
Partners Group Holding AG's current ROA % of 21.70% is near median its 10-year median of 23.80. Over the past 10 years, this metric has ranged from a low of 20.17 to a high of 33.02. The Asset Management industry median ROA % is 3.99. Partners Group Holding AG's value of 21.70% is 444.5% above this industry median. Based on the distribution chart, Partners Group Holding AG ranks #171 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Partners Group Holding AG has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Partners Group Holding AG's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Partners Group Holding AG ranks #171 out of 1632 companies for ROA %. This places Partners Group Holding AG in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 3.99. Partners Group Holding AG's value of 21.70% is 444.5% above this benchmark. Historically, Partners Group Holding AG's own ROA % has ranged from 20.17 to 33.02 over the past decade. While the company's 10-year median is 23.80 vs. the industry median of 3.99, Partners Group Holding AG 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 3.99, based on 1,632 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. Partners Group Holding AG's current ROA % of 21.70% is 444.5% 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 Partners Group Holding AG and its competitors. For the Asset Management industry, the median ROA % is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Partners Group Holding AG's current ROA % is 21.70%, which is near median its own 10-year median of 23.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Partners Group Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Partners Group Holding AG (XSWX:PGHN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF1,369.94, compared to a current price of CHF650.00 — trading 52.6% below its estimated fair value. The current ROA % is 21.70%, which is near median its 10-year median of 23.80 and 444.5% above the Asset Management industry median of 3.99. Partners Group Holding AG's overall GF Score™ is 80/100 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 Partners Group Holding AG (XSWX:PGHN), the current ROA % is 21.70% as of Dec. 2025. 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 Partners Group Holding AG (XSWX:PGHN) Overvalued in 2026?
Based on GuruFocus' analysis, Partners Group Holding AG stock appears to be undervalued.
The current stock price of CHF650.00 is trading 52.6% below its estimated GF Value™ of CHF1,369.94.
GuruFocus considers Partners Group Holding AG to be Significantly Undervalued.
Key valuation signals for XSWX:PGHN:
ROA %: 21.70% (near median its 10-year median of 23.80)
GF Value™: CHF1,369.94 vs. price of CHF650.00 (52.6% below fair value)
Industry Position: 444.5% above the Asset Management median (#171 of 1632)
No single metric tells the full story. See the XSWX:PGHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Partners Group is a Swiss-based global alternative asset manager founded in 1996. It manages funds invested in private equity, private credit, real estate, and infrastructure. Most of Partners Group's assets are invested in Europe and the Americas, with a smaller exposure to Asia and the Middle East. Partners Group operates a differentiated business model, offering bespoke client solutions through diversified portfolios tailored to each client individually, semiliquid open-ended funds, alongside traditional closed-end funds.
80GF Score
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