Park Return On Assets from 2010 to 2024

PKOH Stock  USD 32.23  0.23  0.72%   
Park Ohio's Return On Assets are decreasing with slightly volatile movements from year to year. Return On Assets are estimated to finish at 0.01 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Park Ohio Holdings 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
0.00581786
Current Value
0.006109
Quarterly Volatility
0.02269994
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Park Ohio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Park Ohio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 47.4 M or Total Revenue of 873.6 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0146 or PTB Ratio of 1.45. Park financial statements analysis is a perfect complement when working with Park Ohio Valuation or Volatility modules.
  
Check out the analysis of Park Ohio Correlation against competitors.

Latest Park Ohio's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Park Ohio Holdings 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. Park Ohio's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Park Ohio'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  

Park Return On Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.02
Coefficient Of Variation88.98
Mean Deviation0.02
Median0.03
Standard Deviation0.02
Sample Variance0.0005
Range0.0721
R-Value(0.66)
Mean Square Error0.0003
R-Squared0.44
Significance0.01
Slope(0)
Total Sum of Squares0.01

Park Return On Assets History

2024 0.006109
2023 0.005818
2022 0.007935
2021 -0.0191
2020 -0.003691
2019 0.0295
2018 0.0444

About Park Ohio Financial Statements

Investors use fundamental indicators, such as Park Ohio's Return On Assets, to determine how well the company is positioned to perform in the future. Although Park Ohio's 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 0.01  0.01 

Currently Active Assets on Macroaxis

When determining whether Park Ohio Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Park Ohio's 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 Park Ohio Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Park Ohio Holdings Stock:
Check out the analysis of Park Ohio Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Industrial Machinery & Supplies & Components 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 Park Ohio. If investors know Park 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 Park Ohio 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
(0.17)
Dividend Share
0.5
Earnings Share
3.34
Revenue Per Share
130.779
Quarterly Revenue Growth
(0)
The market value of Park Ohio Holdings is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Ohio's value that differs from its market value or its book value, called intrinsic value, which is Park Ohio's 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 Park Ohio's market value can be influenced by many factors that don't directly affect Park Ohio's 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 Park Ohio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Ohio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Ohio's 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.