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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Lincoln Electric Holdings Inc quarterly/annual Return On Assets history and growth rate from Q1 2011 to Q3 2024.
- Lincoln Electric Holdings Inc Return On Assets for the quarter ending September 30, 2024 was 14 %, a 8.4% decline year-over-year.
- Lincoln Electric Holdings Inc annual Return On Assets for 2023 was 16.4 %, a 1.56% decline from 2022.
- Lincoln Electric Holdings Inc annual Return On Assets for 2022 was 16.7 %, a 51.5% increase from 2021.
- Lincoln Electric Holdings Inc annual Return On Assets for 2021 was 11 %, a 20.8% increase from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)