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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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Velocity Financial, Inc. quarterly/annual Return On Assets history and growth rate from 2020 to 2023.
- Velocity Financial, Inc. Return On Assets for the quarter ending June 30, 2024 was 1.36 %, a 25.8% increase year-over-year.
- Velocity Financial, Inc. annual Return On Assets for 2023 was 1.28 %, a 37.6% increase from 2022.
- Velocity Financial, Inc. annual Return On Assets for 2022 was 0.93 %, a 22.4% decline from 2021.
- Velocity Financial, Inc. annual Return On Assets for 2021 was 1.2 %, a 47.6% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)