TROW Return On Tangible Assets from 2010 to 2024

TROW Stock  USD 123.84  0.32  0.26%   
T Rowe Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.19 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
0.19594247
Current Value
0.19
Quarterly Volatility
0.04169263
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check T Rowe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T Rowe's main balance sheet or income statement drivers, such as Tax Provision of 348.2 M, Total Revenue of 6.8 B or Gross Profit of 4 B, as well as many indicators such as Price To Sales Ratio of 3.51, Dividend Yield of 0.0488 or PTB Ratio of 4.97. TROW financial statements analysis is a perfect complement when working with T Rowe Valuation or Volatility modules.
  
Check out the analysis of T Rowe Correlation against competitors.

Latest T Rowe's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of T Rowe Price over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. T Rowe's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in T Rowe's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

TROW Return On Tangible Assets Regression Statistics

Arithmetic Mean0.24
Geometric Mean0.23
Coefficient Of Variation17.64
Mean Deviation0.03
Median0.24
Standard Deviation0.04
Sample Variance0
Range0.1609
R-Value(0.09)
Mean Square Error0
R-Squared0.01
Significance0.76
Slope(0.0008)
Total Sum of Squares0.02

TROW Return On Tangible Assets History

2023 0.2
2021 0.35
2018 0.26
2016 0.22
2015 0.28
2013 0.24

About T Rowe Financial Statements

T Rowe investors use historical fundamental indicators, such as T Rowe's Return On Tangible 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 T Rowe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.20  0.19 

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Additional Tools for TROW Stock Analysis

When running T Rowe's price analysis, check to measure T Rowe'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 T Rowe is operating at the current time. Most of T Rowe's value examination focuses on studying past and present price action to predict the probability of T Rowe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T Rowe's price. Additionally, you may evaluate how the addition of T Rowe to your portfolios can decrease your overall portfolio volatility.