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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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Lumentum Holdings Inc. quarterly/annual Return On Assets history and growth rate from 2016 to 2024.
- Lumentum Holdings Inc. Return On Assets for the quarter ending September 28, 2024 was -13.4 %, a 202% decline year-over-year.
- Lumentum Holdings Inc. annual Return On Assets for 2024 was -12.6 %, a 326% decline from 2023.
- Lumentum Holdings Inc. annual Return On Assets for 2023 was -2.96 %, a 157% decline from 2022.
- Lumentum Holdings Inc. annual Return On Assets for 2022 was 5.16 %, a 54.1% decline from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)