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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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Encore Wire Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Encore Wire Corp Return On Assets for the quarter ending March 31, 2024 was 15.8 %, a 55.2% decline year-over-year.
- Encore Wire Corp annual Return On Assets for 2023 was 18.7 %, a 52.2% decline from 2022.
- Encore Wire Corp annual Return On Assets for 2022 was 39.2 %, a 5.43% decline from 2021.
- Encore Wire Corp annual Return On Assets for 2021 was 41.4 %, a 398% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)