Company / Return on Assets (ROA)
Qorvo Return on Assets (ROA) History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
0.9%
FY2024
5-year range
-1.1% / 14.3%
FY2020-FY2024
Trend
+181.0%
vs FY2023
Sector context
#186 of 294
Information Technology
What the data says
At 0.9%, Qorvo's return on assets (roa) ranks #186 of 294 in the Information Technology sector. Return on Assets (ROA) returned to growth in FY2024 after 2 years of decline, reaching 0.9%.
Based on SEC 10-K filings.
0.9% in FY2024 with a 5-year CAGR of -4.9%.
Declined from 1.4% to 0.9% over the past 2 years.
Information Technology sector context is included.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- -13.5pp
- 5-Year Change
- -4.9pp
- 10-Year Change
- -
Sector benchmark
#186 of 294 in Information TechnologyTop 63% of 294This company 0.9% Sector average 0.9%
▼
-8.0% below sector average
Key checks
Key Insights
- In FY2024, return on assets (roa) increased 181.0% year-over-year.
- Currently 0.1pp below the Information Technology sector average.
- Peak return on assets (roa) was recorded in FY2021.
- Lowest return on assets (roa) in the period was in FY2023.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.72 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 0.9% | +181.0% |
| FY2023 | -1.1% | -176.6% |
| FY2022 | 1.4% | -90.4% |
| FY2021 | 14.3% | +28.0% |
| FY2020 | 11.2% | +94.1% |
| FY2019 | 5.8% | +175.6% |
| FY2018 | 2.1% | +437.1% |
| FY2017 | -0.6% | -264.7% |
| FY2016 | -0.2% | +59.5% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026