Return On Asset ratio Analysis of Cummins Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Indecisive ROA
8.74
Period Ending - Dec-22
Indecisive ROA
7.10
Growth
23.10 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Indecisive ROA
6.15
Most recent Quarter ROA
Period Ending - Mar-24
Excellent ROA
6.26
ROA Analysis of Cummins Inc
| ROA Ratio of CMI rose handsomely by 23.10 % this year. |
| ROA Ratio with value of 11.45 was highest in Year Dec-19 in last Five Years. |
| ROA Ratio with value of 7.10 was lowest in Year Dec-22 in last Five Years. |
| Latest ROA Ratio with value of 8.74 is lower than Average ROA of 8.84 in last five years. |
Other ROA Related Info of CMI that may interest you.
Cummins Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CMI | 266.48 | 270.38 | 1.44 % | Specialty Industrial Machinery |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| No Significant Profitability | |
FY - Historical Return On Asset of Cummins Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 8.74 | 7.10 | 8.99 | 7.91 | 11.45 | 11.23 | 5.53 |
| Change | 23.10 % | -21.01 % | 13.66 % | -30.94 % | 1.95 % | 103.22 % | -40.48 % |
FY Chart of Return On Asset of Cummins Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)