Lumentum Holdings Inc. (LITE) Return On Assets % [USD] 2016 - 2023

Historical data

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
Lumentum Holdings Inc. quarterly/annual Return On Assets history and growth rate from 2016 to 2023.
  • Lumentum Holdings Inc. Return On Assets for the quarter ending March 30, 2024 was -7.85 %, a 827% decline year-over-year.
  • Lumentum Holdings Inc. annual Return On Assets for 2023 was -2.96 %, a 157% decline from 2022.
  • Lumentum Holdings Inc. annual Return On Assets for 2022 was 5.16 %, a 54.1% decline from 2021.
  • Lumentum Holdings Inc. annual Return On Assets for 2021 was 11.2 %.
Return On Assets, Annual (% [USD])
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -2.96 -8.11 -157% Jul 3, 2022 Jul 1, 2023
2022 5.16 -6.07 -54.1% Jul 4, 2021 Jul 2, 2022
2021 11.2 Jun 28, 2020 Jul 3, 2021
2019 5.46 +7.94 Jun 30, 2019 Jun 27, 2020
2018 -2.49 +7.73 +75.6% Jul 1, 2018 Jun 29, 2019
2017 -10.2 -11.6 -859% Jul 3, 2016 Jul 1, 2017
2016 1.35 Jun 28, 2015 Jul 2, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.