Advanced Return On Equity from 2010 to 2024

WMS Stock  USD 128.41  0.02  0.02%   
Advanced Drainage Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Advanced Drainage Systems in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.40408607
Current Value
0.42
Quarterly Volatility
0.18734142
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Advanced Drainage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advanced Drainage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 162.6 M, Interest Expense of 93.3 M or Selling General Administrative of 182.2 M, as well as many indicators such as Price To Sales Ratio of 4.87, Dividend Yield of 0.0031 or PTB Ratio of 11.1. Advanced financial statements analysis is a perfect complement when working with Advanced Drainage Valuation or Volatility modules.
  
Check out the analysis of Advanced Drainage Correlation against competitors.

Latest Advanced Drainage's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Advanced Drainage Systems over the last few years. Return on Equity is the amount of Advanced Drainage Systems net income returned as a percentage of Advanced Drainage equity. Return on equity measures Advanced Drainage profitability by revealing how much profit Advanced Drainage Systems generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Advanced Drainage's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Advanced Drainage's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.4110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Advanced Return On Equity Regression Statistics

Arithmetic Mean0.16
Coefficient Of Variation118.62
Mean Deviation0.14
Median0.10
Standard Deviation0.19
Sample Variance0.04
Range0.7695
R-Value0.63
Mean Square Error0.02
R-Squared0.39
Significance0.01
Slope0.03
Total Sum of Squares0.49

Advanced Return On Equity History

2024 0.42
2023 0.4
2022 0.52
2021 0.25
2020 0.21
2019 -0.25
2018 0.16

About Advanced Drainage Financial Statements

Advanced Drainage shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Advanced Drainage investors may analyze each financial statement separately, they are all interrelated. The changes in Advanced Drainage's assets and liabilities, for example, are also reflected in the revenues and expenses on on Advanced Drainage's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.40  0.42 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Advanced Stock Analysis

When running Advanced Drainage's price analysis, check to measure Advanced Drainage'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 Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.