Return On Asset ratio Analysis of Martin Marietta Materials Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Indecisive ROA
7.07
Period Ending - Dec-22
Indecisive ROA
5.78
Growth
22.37 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Good ROA
13.81
Most recent Quarter ROA
Period Ending - Mar-24
Excellent ROA
6.43
ROA Analysis of Martin Marietta Materials Inc
ROA Ratio of MLM rose handsomely by 22.37 % this year. |
ROA Ratio with value of 7.07 was highest in Year Dec-23 in last Five Years. |
ROA Ratio with value of 4.88 was lowest in Year Dec-21 in last Five Years. |
Latest ROA Ratio with value of 7.07 is Greater than Average ROA of 6.12 in last five years. |
Other ROA Related Info of MLM that may interest you.
Martin Marietta Materials Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MLM | 573.9 | 566.85 | 1.24 % | Building Materials |
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
No Significant Profitability |
FY - Historical Return On Asset of Martin Marietta Materials Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 7.07 | 5.78 | 4.88 | 6.81 | 6.04 | 4.92 | 7.93 |
Change | 22.37 % | 18.45 % | -28.37 % | 12.83 % | 22.74 % | -37.97 % | 36.15 % |
FY Chart of Return On Asset of Martin Marietta Materials Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)