Return On Asset ratio Analysis of HEICO Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Oct-23
Indecisive ROA
5.61
Period Ending - Oct-22
Indecisive ROA
8.59
Growth
-34.68 %
Trailing Twelve Months ROA
Period Ending - Oct-23
Indecisive ROA
6.88
Most recent Quarter ROA
Period Ending - Apr-24
Indecisive ROA
1.67
ROA Analysis of HEICO Corporation
| ROA Ratio of HEI-A drastically fell by -34.68 % this year. |
| ROA Ratio with value of 11.04 was highest in Year Oct-19 in last Five Years. |
| ROA Ratio of HEI-A trending down for at least three Years. |
| Latest ROA Ratio with value of 5.61 is lower than Average ROA of 8.56 in last five years. |
Other ROA Related Info of HEI-A that may interest you.
HEICO Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| HEI-A | 175.66 | 172.75 | 1.68 % | Aerospace & Defense |
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 HEICO Corporation
| Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
|---|---|---|---|---|---|---|---|
| ROA | 5.61 | 8.59 | 8.70 | 8.85 | 11.04 | 9.77 | 7.40 |
| Change | -34.68 % | -1.25 % | -1.74 % | -19.86 % | 13.03 % | 31.98 % | -3.34 % |
FY Chart of Return On Asset of HEICO Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)