Return On Asset ratio Analysis of H&E Equipment Services Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Indecisive ROA
6.32
Period Ending - Dec-22
Indecisive ROA
5.83
Growth
8.39 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Indecisive ROA
6.53
Most recent Quarter ROA
Period Ending - Mar-24
Not Good ROA
0.939
ROA Analysis of H&E Equipment Services Inc
| ROA Ratio of HEES has grown by 8.39 % Compared to previous Financial Year. |
| ROA Ratio of HEES trending up for at least three Years. |
| ROA Ratio with value of -1.65 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 6.32 is Greater than Average ROA of 3.57 in last five years. |
Other ROA Related Info of HEES that may interest you.
H&E Equipment Services Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| HEES | 42.97 | 45.04 | 4.60 % | Rental & Leasing Services |
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
| Low Profitability Stock | |
FY - Historical Return On Asset of H&E Equipment Services Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 6.32 | 5.83 | 2.91 | -1.65 | 4.42 | 4.44 | 7.47 |
| Change | 8.39 % | 100.40 % | 276.49 % | -137.35 % | -0.444 % | -40.62 % | 149.56 % |
FY Chart of Return On Asset of H&E Equipment Services Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)