Novelis 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
Novelis Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Novelis Inc. Return On Assets for the quarter ending September 30, 2024 was 3.81 %, a 14.1% increase year-over-year.
  • Novelis Inc. annual Return On Assets for 2023 was 4.06 %, a 12.7% decline from 2022.
  • Novelis Inc. annual Return On Assets for 2022 was 4.65 %, a 36% decline from 2021.
  • Novelis Inc. annual Return On Assets for 2021 was 7.27 %, a 208% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.06 -0.59 -12.7% Apr 1, 2023 Mar 31, 2024
2022 4.65 -2.62 -36% Apr 1, 2022 Mar 31, 2023
2021 7.27 +4.91 +208% Apr 1, 2021 Mar 31, 2022
2020 2.36 -2.01 -46.1% Apr 1, 2020 Mar 31, 2021
2019 4.36 -0.38 -8.01% Apr 1, 2019 Mar 31, 2020
2018 4.75 -2.95 -38.3% Apr 1, 2018 Mar 31, 2019
2017 7.7 +7.18 +1381% Apr 1, 2017 Mar 31, 2018
2016 0.52 +0.93 Apr 1, 2016 Mar 31, 2017
2015 -0.41 -2.09 -124% Apr 1, 2015 Mar 31, 2016
2014 1.68 +0.42 +33.2% Apr 1, 2014 Mar 31, 2015
2013 1.26 -1.23 -49.3% Apr 1, 2013 Mar 31, 2014
2012 2.49 Mar 31, 2012 Mar 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.