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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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Nextier Oilfield Solutions Inc. quarterly/annual Return On Assets history and growth rate from Q3 2017 to Q2 2023.
- Nextier Oilfield Solutions Inc. Return On Assets for the quarter ending June 30, 2023 was 33.2 %, a 1040% increase year-over-year.
- Nextier Oilfield Solutions Inc. annual Return On Assets for 2022 was 18.8 %.
- Nextier Oilfield Solutions Inc. annual Return On Assets for 2021 was -9.28 %, a 63.4% increase from 2020.
- Nextier Oilfield Solutions Inc. annual Return On Assets for 2020 was -25.4 %, a 190% decline from 2019.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)