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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Powell Industries Inc quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Powell Industries Inc Return On Assets for the quarter ending June 30, 2024 was 15.9 %, a 144% increase year-over-year.
- Powell Industries Inc annual Return On Assets for 2023 was 8.64 %, a 184% increase from 2022.
- Powell Industries Inc annual Return On Assets for 2022 was 3.04 %, a 2001% increase from 2021.
- Powell Industries Inc annual Return On Assets for 2021 was 0.14 %, a 95.8% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)