FRIEDMAN INDUSTRIES INC Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
Friedman Industries Inc quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Friedman Industries Inc Return On Assets for the quarter ending June 30, 2024 was 5.41 %, a 37.4% decline year-over-year.
  • Friedman Industries Inc annual Return On Assets for 2023 was 7.91 %, a 44.2% decline from 2022.
  • Friedman Industries Inc annual Return On Assets for 2022 was 14.2 %, a 19.8% decline from 2021.
  • Friedman Industries Inc annual Return On Assets for 2021 was 17.7 %, a 26.3% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.91 -6.25 -44.2% Apr 1, 2023 Mar 31, 2024
2022 14.2 -3.5 -19.8% Apr 1, 2022 Mar 31, 2023
2021 17.7 +3.68 +26.3% Apr 1, 2021 Mar 31, 2022
2020 14 +19.7 Apr 1, 2020 Mar 31, 2021
2019 -5.72 -12.6 -183% Apr 1, 2019 Mar 31, 2020
2018 6.87 +0.76 +12.4% Apr 1, 2018 Mar 31, 2019
2017 6.11 +10.1 Apr 1, 2017 Mar 31, 2018
2016 -3.96 -4.37 -1068% Apr 1, 2016 Mar 31, 2017
2015 0.41 -0.12 -22.5% Apr 1, 2015 Mar 31, 2016
2014 0.53 -1.78 -76.9% Apr 1, 2014 Mar 31, 2015
2013 2.31 -5.9 -71.9% Apr 1, 2013 Mar 31, 2014
2012 8.21 Apr 1, 2012 Mar 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.