ADVANCED DRAINAGE SYSTEMS, INC. Annual Return On Assets in % from 2015 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
Advanced Drainage Systems, Inc. quarterly/annual Return On Assets history and growth rate from 2015 to 2023.
  • Advanced Drainage Systems, Inc. Return On Assets for the quarter ending September 30, 2024 was 14.7 %, a 7.03% decline year-over-year.
  • Advanced Drainage Systems, Inc. annual Return On Assets for 2023 was 16.6 %, a 16.8% decline from 2022.
  • Advanced Drainage Systems, Inc. annual Return On Assets for 2022 was 19.9 %, a 75.1% increase from 2021.
  • Advanced Drainage Systems, Inc. annual Return On Assets for 2021 was 11.4 %, a 1.25% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 16.6 -3.34 -16.8% Apr 1, 2023 Mar 31, 2024
2022 19.9 +8.54 +75.1% Apr 1, 2022 Mar 31, 2023
2021 11.4 +0.14 +1.25% Apr 1, 2021 Mar 31, 2022
2020 11.2 +29.5 Apr 1, 2020 Mar 31, 2021
2019 -18.3 -25.5 -351% Apr 1, 2019 Mar 31, 2020
2018 7.27 +1.31 +22% Apr 1, 2018 Mar 31, 2019
2017 5.96 +0.14 +2.41% Apr 1, 2017 Mar 31, 2018
2016 5.82 +3.39 +140% Apr 1, 2016 Mar 31, 2017
2015 2.42 Apr 1, 2015 Mar 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.