Mind Technology (MIND) Return on Assets [ROA] (2011 - 2026)
Mind Technology (MIND) reported Return on Assets [ROA] of -4.79% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 16.68 percentage points from 11.89% a year earlier and down 7.45 percentage points from the prior quarter.
Mind Technology (MIND) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Mind Technology posted Return on Assets [ROA] of 1.74%, down 12.71 percentage points from FY2025.
- Return on Assets [ROA] has a five-year change of +43.19 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Assets [ROA] came in at 14.45% in FY2025 (+13.63 pp), 0.83% in FY2024 (+27.99 pp), -27.16% in FY2023 (+9.73 pp) and -36.89% in FY2022 (+4.55 pp).
- The fiscal Q2 2027 figure ranks as the lowest quarterly Return on Assets [ROA] since fiscal Q3 2024.
- Year over year, Return on Assets [ROA] has now declined in each of the last four quarters, with an average year-over-year change of -0.37 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was fiscal Q3 2024 (a gain of 38.26 percentage points); the low point was fiscal Q2 2027 (a drop of 16.68 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 2.66% (Q1 2027), 1.60% (Q4 2026) and 7.34% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 10.94% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 11.93% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 4.54% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 6.89% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 11.86% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 11.82% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 6.12% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 8.56% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 19.50% |
| 10 | Mind Technology | 40.45 Mn | -31.55 Mn | 2.09 Mn | -4.79% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -4.79% |
| Apr 30, 2026 | 2.66% |
| Jan 31, 2026 | 1.60% |
| Oct 31, 2025 | 7.34% |
| Jul 31, 2025 | 11.89% |
| Apr 30, 2025 | 8.64% |
| Jan 31, 2025 | 13.93% |
| Oct 31, 2024 | 12.13% |
| Jul 31, 2024 | 10.35% |
| Apr 30, 2024 | 4.30% |
| Jan 31, 2024 | 0.87% |
| Oct 31, 2023 | -5.74% |
| Jul 31, 2023 | -22.23% |
| Apr 30, 2023 | -23.96% |
| Jan 31, 2023 | -30.31% |
| Oct 31, 2022 | -44.00% |
| Jul 31, 2022 | -34.85% |
| Apr 30, 2022 | -33.88% |
| Jan 31, 2022 | -39.02% |
| Oct 31, 2021 | -35.58% |
Mind Technology Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=MIND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();