Thermon Group Holdings, 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
Thermon Group Holdings, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Thermon Group Holdings, Inc. Return On Assets for the quarter ending September 30, 2024 was 5.68 %.
  • Thermon Group Holdings, Inc. annual Return On Assets for 2023 was 7.89 %, a 46.9% increase from 2022.
  • Thermon Group Holdings, Inc. annual Return On Assets for 2022 was 5.37 %, a 67.7% increase from 2021.
  • Thermon Group Holdings, Inc. annual Return On Assets for 2021 was 3.21 %, a 2271% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.89 +2.52 +46.9% Apr 1, 2023 Mar 31, 2024
2022 5.37 +2.17 +67.7% Apr 1, 2022 Mar 31, 2023
2021 3.21 +3.07 +2271% Apr 1, 2021 Mar 31, 2022
2020 0.14 Apr 1, 2020 Mar 31, 2021
2014 11.3 +5.18 +85.4% Apr 1, 2014 Mar 31, 2015
2013 6.07 -0.29 -4.56% Apr 1, 2013 Mar 31, 2014
2012 6.36 Apr 1, 2012 Mar 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.