Drilling Tools International Corp Annual Return On Assets in % from 2022 to 2023

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
Drilling Tools International Corp quarterly/annual Return On Assets history and growth rate from 2022 to 2023.
  • Drilling Tools International Corp Return On Assets for the quarter ending September 30, 2024 was 4.78 %, a 60.1% decline year-over-year.
  • Drilling Tools International Corp annual Return On Assets for 2023 was 9.51 %, a 16.9% decline from 2022.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 9.51 -1.94 -16.9% Jan 1, 2023 Dec 31, 2023
2022 11.5 Jan 1, 2022 Dec 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.