NEXTIER OILFIELD SOLUTIONS INC. Annual Return On Assets in % from 2017 to 2022

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
Nextier Oilfield Solutions Inc. quarterly/annual Return On Assets history and growth rate from 2017 to 2022.
  • 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 18.8 +28 Jan 1, 2022 Dec 31, 2022
2021 -9.28 +16.1 +63.4% Jan 1, 2021 Dec 31, 2021
2020 -25.4 -16.6 -190% Jan 1, 2020 Dec 31, 2020
2019 -8.76 -14.3 -259% Jan 1, 2019 Dec 31, 2019
2018 5.5 +9.85 Jan 1, 2018 Dec 31, 2018
2017 -4.35 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.