Allegheny Return On Assets from 2010 to 2024

ATI Stock  USD 59.30  1.14  1.96%   
Allegheny Technologies' Return On Assets are decreasing with very volatile movements from year to year. Return On Assets are estimated to finish at 0.09 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Allegheny Technologies Incorporated earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.08240557
Current Value
0.0865
Quarterly Volatility
0.11828551
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Allegheny Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegheny Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 144.3 M, Interest Expense of 67.3 M or Selling General Administrative of 182.7 M, as well as many indicators such as Price To Sales Ratio of 1.47, Dividend Yield of 0.0098 or PTB Ratio of 2.76. Allegheny financial statements analysis is a perfect complement when working with Allegheny Technologies Valuation or Volatility modules.
  
Check out the analysis of Allegheny Technologies Correlation against competitors.

Latest Allegheny Technologies' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Allegheny Technologies Incorporated over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Allegheny Technologies' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allegheny Technologies' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Allegheny Return On Assets Regression Statistics

Arithmetic Mean(0.01)
Geometric Mean0.03
Coefficient Of Variation(1,193)
Mean Deviation0.07
Median0.03
Standard Deviation0.12
Sample Variance0.01
Range0.473
R-Value(0.07)
Mean Square Error0.01
R-Squared0.01
Significance0.80
Slope(0)
Total Sum of Squares0.20

Allegheny Return On Assets History

2024 0.0865
2023 0.0824
2022 0.0294
2021 -0.00378
2020 -0.39
2019 0.0457
2018 0.0404

About Allegheny Technologies Financial Statements

Investors use fundamental indicators, such as Allegheny Technologies' Return On Assets, to determine how well the company is positioned to perform in the future. Although Allegheny Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Assets 0.08  0.09 

Currently Active Assets on Macroaxis

When determining whether Allegheny Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allegheny Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Allegheny Technologies Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allegheny Technologies Incorporated Stock:
Check out the analysis of Allegheny Technologies Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegheny Technologies. If investors know Allegheny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegheny Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Earnings Share
2.6
Revenue Per Share
33.577
Quarterly Revenue Growth
0.025
Return On Assets
0.0557
The market value of Allegheny Technologies is measured differently than its book value, which is the value of Allegheny that is recorded on the company's balance sheet. Investors also form their own opinion of Allegheny Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allegheny Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegheny Technologies' market value can be influenced by many factors that don't directly affect Allegheny Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegheny Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegheny Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegheny Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.