Return On Asset ratio Analysis of Owens Corning Inc - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Good ROA
10.58
Period Ending - Dec-22
Good ROA
11.54
Growth
-8.33 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Good ROA
10.02
Most recent Quarter ROA
Period Ending - Mar-24
Good ROA
2.65
ROA Analysis of Owens Corning Inc
ROA Ratio of OC has fallen by -8.33 % Compared to previous Financial Year. |
ROA Ratio with value of 11.54 was highest in Year Dec-22 in last Five Years. |
ROA Ratio with value of -4.04 was lowest in Year Dec-20 in last Five Years. |
Latest ROA Ratio with value of 10.58 is Greater than Average ROA of 6.41 in last five years. |
Other ROA Related Info of OC that may interest you.
Owens Corning Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
OC | 176.58 | 181.19 | 2.54 % | Building Products & Equipment |
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 Owens Corning Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 10.58 | 11.54 | 9.94 | -4.04 | 4.05 | 5.58 | 3.35 |
Change | -8.33 % | 16.17 % | 345.94 % | -199.80 % | -27.43 % | 66.60 % | -34.05 % |
FY Chart of Return On Asset of Owens Corning Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)