Return On Asset ratio Analysis of Timken Company - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Indecisive ROA
6.61
Period Ending - Dec-22
Indecisive ROA
7.06
Growth
-6.30 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Indecisive ROA
6.07
Most recent Quarter ROA
Period Ending - Mar-24
Indecisive ROA
1.58
ROA Analysis of Timken Company
| ROA Ratio of TKR has fallen by -6.30 % Compared to previous Financial Year. |
| ROA Ratio with value of 7.45 was highest in Year Dec-19 in last Five Years. |
| ROA Ratio with value of 6.40 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 6.61 is lower than Average ROA of 6.93 in last five years. |
Other ROA Related Info of TKR that may interest you.
Timken Company Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TKR | 80.65 | 83.62 | 3.55 % | Tools & Accessories |
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 Timken Company
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 6.61 | 7.06 | 7.14 | 6.40 | 7.45 | 6.81 | 5.98 |
| Change | -6.30 % | -1.13 % | 11.60 % | -14.15 % | 9.38 % | 13.95 % | 8.06 % |
FY Chart of Return On Asset of Timken Company
Note : All Data Generated at the End of Trading Hours (EOD Data)