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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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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 June 30, 2024 was -11.8 %, a 467% 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 (%)