Return On Asset ratio Analysis of Coterra Energy Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Indecisive ROA
7.86
Period Ending - Dec-22
Excellent ROA
20.64
Growth
-61.94 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Indecisive ROA
7.66
Most recent Quarter ROA
Period Ending - Mar-24
Indecisive ROA
1.68
ROA Analysis of Coterra Energy Inc
ROA Ratio of CTRA drastically fell by -61.94 % this year. |
ROA Ratio with value of 20.64 was highest in Year Dec-22 in last Five Years. |
ROA Ratio with value of 4.43 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of 7.86 is lower than Average ROA of 10.79 in last five years. |
Other ROA Related Info of CTRA that may interest you.
Coterra Energy Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CTRA | 26.73 | 27.14 | 1.51 % | Oil & Gas E&P |
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 ..![Return On Asset Formula Return On Asset Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROARatio.jpg)
ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
Low Profitability Stock |
FY - Historical Return On Asset of Coterra Energy Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 7.86 | 20.64 | 5.82 | 4.43 | 15.18 | 13.27 | 2.12 |
Change | -61.94 % | 254.78 % | 31.27 % | -70.79 % | 14.41 % | 524.70 % | 126.08 % |
FY Chart of Return On Asset of Coterra Energy Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)