Fidelity Asset Manager 40% Overview
Fidelity Asset Manager 40% (FFANX) has a ROE of 6.84%, below the sector sector average of 11.75%.
Get informed when a big investor buys or sells
+ Follow6.84%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Fidelity Asset Manager 40%'s return on equity stands at 6.84%. That is below the sector sector average of 11.75%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Fidelity Asset Manager 40% sits lower the its sector benchmark (11.75%) with a ROE of 6.84%. That is roughly 41.8% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of 6.84% for Fidelity Asset Manager 40% means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Fidelity Asset Manager 40%'s ROE evolved across reporting periods, while the comparison chart places FFANX next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
