Nine Energy Service, 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
Nine Energy Service, Inc. quarterly/annual Return On Assets history and growth rate from 2018 to 2023.
  • Nine Energy Service, Inc. Return On Assets for the quarter ending September 30, 2024 was -11.2 %, a 238% decline year-over-year.
  • Nine Energy Service, Inc. annual Return On Assets for 2023 was -7.79 %, a 319% decline from 2022.
  • Nine Energy Service, Inc. annual Return On Assets for 2022 was 3.55 %.
  • Nine Energy Service, Inc. annual Return On Assets for 2021 was -16.3 %, a 79.7% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -7.79 -11.3 -319% Jan 1, 2023 Dec 31, 2023
2022 3.55 +19.9 Jan 1, 2022 Dec 31, 2022
2021 -16.3 +64.1 +79.7% Jan 1, 2021 Dec 31, 2021
2020 -80.4 -59.5 -284% Jan 1, 2020 Dec 31, 2020
2019 -20.9 -14.2 -211% Jan 1, 2019 Dec 31, 2019
2018 -6.75 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.