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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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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 June 30, 2024 was 7.76 %, a 36.2% 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 (%)