SMITH MIDLAND CORP Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
Smith Midland Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Smith Midland Corp Return On Assets for the quarter ending June 30, 2024 was 7.46 %.
  • Smith Midland Corp annual Return On Assets for 2023 was 1.38 %, a 5.5% decline from 2022.
  • Smith Midland Corp annual Return On Assets for 2022 was 1.45 %, a 89.8% decline from 2021.
  • Smith Midland Corp annual Return On Assets for 2021 was 14.2 %, a 137% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.38 -0.08 -5.5% Jan 1, 2023 Dec 31, 2023
2022 1.45 -12.8 -89.8% Jan 1, 2022 Dec 31, 2022
2021 14.2 +8.22 +137% Jan 1, 2021 Dec 31, 2021
2020 6.02 +1.19 +24.6% Jan 1, 2020 Dec 31, 2020
2019 4.83 -0.04 -0.82% Jan 1, 2019 Dec 31, 2019
2018 4.87 -4.97 -50.5% Jan 1, 2018 Dec 31, 2018
2017 9.84 -3.07 -23.8% Jan 1, 2017 Dec 31, 2017
2016 12.9 +7.15 +124% Jan 1, 2016 Dec 31, 2016
2015 5.75 +10.4 Jan 1, 2015 Dec 31, 2015
2014 -4.66 -8.56 -219% Jan 1, 2014 Dec 31, 2014
2013 3.9 +1.7 +77.4% Jan 1, 2013 Dec 31, 2013
2012 2.2 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.