LINCOLN ELECTRIC HOLDINGS INC Annual Return On Assets in % from 2018 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
Lincoln Electric Holdings Inc quarterly/annual Return On Assets history and growth rate from 2018 to 2023.
  • 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 16.4 -0.26 -1.56% Jan 1, 2023 Dec 31, 2023
2022 16.7 +5.68 +51.5% Jan 1, 2022 Dec 31, 2022
2021 11 +1.9 +20.8% Jan 1, 2021 Dec 31, 2021
2020 9.12 -3.24 -26.2% Jan 1, 2020 Dec 31, 2020
2019 12.4 +0.52 +4.39% Jan 1, 2019 Dec 31, 2019
2018 11.9 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.