Return On Asset ratio Analysis of Miller Industries Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Indecisive ROA
7.86
Period Ending - Dec-22
Not Good ROA
4.06
Growth
93.78 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Good ROA
10.67
Most recent Quarter ROA
Period Ending - Mar-24
Indecisive ROA
2.44
ROA Analysis of Miller Industries Inc
ROA Ratio of MLR rose handsomely by 93.78 % this year. |
ROA Ratio with value of 9.98 was highest in Year Dec-19 in last Five Years. |
ROA Ratio with value of 3.70 was lowest in Year Dec-21 in last Five Years. |
Latest ROA Ratio with value of 7.86 is Greater than Average ROA of 6.62 in last five years. |
Other ROA Related Info of MLR that may interest you.
Miller Industries Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MLR | 60.8 | 59.24 | 2.63 % | Auto Parts |
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 Miller Industries Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 7.86 | 4.06 | 3.70 | 7.49 | 9.98 | 9.17 | 7.26 |
Change | 93.78 % | 9.55 % | -50.53 % | -24.96 % | 8.87 % | 26.33 % | 8.32 % |
FY Chart of Return On Asset of Miller Industries Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)