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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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Mayville Engineering Company, Inc. quarterly/annual Return On Assets history and growth rate from 2019 to 2023.
- Mayville Engineering Company, Inc. Return On Assets for the quarter ending September 30, 2024 was 2.51 %, a 52.2% increase year-over-year.
- Mayville Engineering Company, Inc. annual Return On Assets for 2023 was 1.57 %, a 62.9% decline from 2022.
- Mayville Engineering Company, Inc. annual Return On Assets for 2022 was 4.22 %.
- Mayville Engineering Company, Inc. annual Return On Assets for 2021 was -2.02 %, unchanged from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)