Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.

What does ROA reveal about Citigroup and what makes Citibank different from other banks? Analysis Citigroups ROA.

Year	TTM NET INCOME
2018	$16.67B
2019	$18.17B
2020	$9.88B
2021	$20.76B
2022	$13.70B

Year	Total Assets
2018	$1,917.38B
2019	$1,951.16B
2020	$2,260.09B
2021	$2,291.41B
2022	$2,416.68B

Year	ROA
2018	0.87%
2019	0.92%%
2020	0.44%
2021	0.89%
2022	0.57%

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TTM Net Income Total Assets Return On Assets 25 20 15 10 OG 2,500 2,000 1,500 1,000 500 O 1 0.75 0.5 0.25 12/31/2018 ■ Income in Billions 12/31/2019 ▪ Assets in Billions ■ % 12/31/2020 12/31/2021 12/31/2022 TTM Net Income Total Assets Return On Assets 25 20 15 10 OG 2,500 2,000 1,500 1,000 500 O 1 0.75 0.5 0.25 12/31/2018 ■ Income in Billions 12/31/2019 ▪ Assets in Billions ■ % 12/31/2020 12/31/2021 12/31/2022

Answer rating: 100% (QA)

The detailed answer for the above question is provided below 1 The ROA of Citigroup reveals that the ... View the full answer