AZZ Return On Assets from 2010 to 2024

AZZ Stock  USD 91.15  1.19  1.29%   
AZZ Incorporated Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to 0.04 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit AZZ 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
0.04627956
Current Value
0.0386
Quarterly Volatility
0.10362015
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AZZ Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AZZ Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.4 M, Interest Expense of 112.4 M or Selling General Administrative of 134.8 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.011 or PTB Ratio of 1.48. AZZ financial statements analysis is a perfect complement when working with AZZ Incorporated Valuation or Volatility modules.
  
Check out the analysis of AZZ Incorporated Correlation against competitors.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.

Latest AZZ Incorporated's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of AZZ 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. AZZ Incorporated's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AZZ Incorporated's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

AZZ Return On Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation344.63
Mean Deviation0.05
Median0.05
Standard Deviation0.10
Sample Variance0.01
Range0.4261
R-Value0.31
Mean Square Error0.01
R-Squared0.1
Significance0.26
Slope0.01
Total Sum of Squares0.15

AZZ Return On Assets History

2024 0.0386
2023 0.0463
2022 0.0299
2021 0.0742
2019 0.0398
2018 0.047
2017 0.0439

About AZZ Incorporated Financial Statements

AZZ Incorporated investors use historical fundamental indicators, such as AZZ Incorporated's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AZZ Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.04 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for AZZ Stock Analysis

When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.