As of June 16, 2025, NIC Inc (EGOV) reports a ROA (Return on Assets) of 14.77%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of NIC Inc's ROA (Return on Assets)
Over recent years, NIC Inc's ROA (Return on Assets) has shown a moderate pattern. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2020-12-31 | 14.77% |
| 2019-12-31 | 13.92% |
| 2018-12-31 | 18.76% |
| 2017-12-31 | 17.45% |
| 2016-12-31 | 23.18% |
This slight upward trend highlights how NIC Inc manages its efficiency in using assets to generate earnings over time.
Comparing NIC Inc's ROA (Return on Assets) to Peers
To better understand NIC Inc's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| NIC Inc (EGOV) | 14.77% |
| Alternet Systems Inc (ALYI) | 173.40% |
| Fintech Select Ltd (FTEC.V) | 48.29% |
| Innodata Inc (INOD) | 25.26% |
| Conduent Inc (CNDT) | 16.39% |
| Computer Services Inc (CSVI) | 14.22% |
Compared to its competitors, NIC Inc's ROA (Return on Assets) is among the highest compared to peers, demonstrating superior efficiency in generating earnings from assets.