Return On Equity ratio Analysis of Air Transport Services Grp Inc. - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Not Good ROE
8.62
Period Ending - Dec-22
Indecisive ROE
14.06
Growth
-38.68 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Poor ROE
3.51
Most recent Quarter ROE
Period Ending - Mar-24
Poor ROE
0.624
ROE Analysis of Air Transport Services Grp Inc.
ROE Ratio of Air Transport Services Grp Inc. with value of 3.51 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of Air Transport Services Grp Inc. with value of 0.624 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
ROE Ratio of ATSG drastically fell by -38.68 % this year. |
ROE Ratio with value of 17.50 was highest in Year Dec-21 in last Five Years. |
ROE Ratio with value of 3.75 was lowest in Year Dec-20 in last Five Years. |
Latest ROE Ratio with value of 8.62 is lower than Average ROE of 11.45 in last five years. |
Other ROE Related Info of ATSG that may interest you.
Air Transport Services Grp Inc. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ATSG | 12.26 | 12.24 | 0.163 % | Airlines |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..![Return On Equity Formula Return On Equity Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROERatio.jpg)
ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Very Low Profitability Stock |
FY - Historical Return On Equity of Air Transport Services Grp Inc.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 8.62 | 14.06 | 17.50 | 3.75 | 13.29 | 15.88 | 4.68 |
Change | -38.68 % | -19.67 % | 366.18 % | -71.76 % | -16.25 % | 239.29 % | -33.88 % |
FY Chart of Return On Equity of Air Transport Services Grp Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)