Matrix Return On Assets from 2010 to 2024

MTRX Stock  USD 12.10  0.07  0.58%   
Matrix Service Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Matrix Service Co 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
(0.06)
Current Value
0.10080375
Quarterly Volatility
0.07528266
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Matrix Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 1.4 M or Total Revenue of 649.8 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0 or PTB Ratio of 1.85. Matrix financial statements analysis is a perfect complement when working with Matrix Service Valuation or Volatility modules.
  
Check out the analysis of Matrix Service Correlation against competitors.

Latest Matrix Service's Return On Assets Growth Pattern

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

Matrix Return On Assets Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(4,820)
Mean Deviation0.06
Median0.03
Standard Deviation0.08
Sample Variance0.01
Range0.2458
R-Value(0.55)
Mean Square Error0
R-Squared0.31
Significance0.03
Slope(0.01)
Total Sum of Squares0.08

Matrix Return On Assets History

2024 0.1
2023 -0.0553
2022 -0.13
2021 -0.14
2020 -0.0668
2019 -0.0639
2018 0.0442

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Matrix Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets(0.06) 0.10 

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Additional Tools for Matrix Stock Analysis

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