Atmus Return On Tangible Assets from 2010 to 2024

ATMU Stock   39.25  0.47  1.21%   
Atmus Filtration Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.17063453
Current Value
0.21
Quarterly Volatility
0.01492903
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Atmus Filtration financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atmus Filtration's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.3 M, Total Revenue of 1.6 B or Gross Profit of 390.9 M, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0 or PTB Ratio of 25.46. Atmus financial statements analysis is a perfect complement when working with Atmus Filtration Valuation or Volatility modules.
  
Check out the analysis of Atmus Filtration Correlation against competitors.

Latest Atmus Filtration's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Atmus Filtration Technologies over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Atmus Filtration's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Atmus Filtration's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Atmus Return On Tangible Assets Regression Statistics

Arithmetic Mean0.20
Geometric Mean0.20
Coefficient Of Variation7.46
Mean Deviation0.01
Median0.20
Standard Deviation0.01
Sample Variance0.0002
Range0.0617
R-Value(0.30)
Mean Square Error0.0002
R-Squared0.09
Significance0.27
Slope(0)
Total Sum of Squares0

Atmus Return On Tangible Assets History

2024 0.21
2023 0.17
2022 0.16
2021 0.22

About Atmus Filtration Financial Statements

Atmus Filtration shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Atmus Filtration investors may analyze each financial statement separately, they are all interrelated. The changes in Atmus Filtration's assets and liabilities, for example, are also reflected in the revenues and expenses on on Atmus Filtration'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 Tangible Assets 0.17  0.21 

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Additional Tools for Atmus Stock Analysis

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