Veritec (VRTC) Return on Assets (2016 - 2024)
Veritec has reported Return on Assets over the past 14 years, most recently at 11.03% for Q3 2024.
- Quarterly results put Return on Assets at 11.03% for Q3 2024, up 691.0% from a year ago — trailing twelve months through Sep 2024 was 11.03% (up 691.0% YoY), and the annual figure for FY2024 was 10.27%, up 586.0%.
- Return on Assets for Q3 2024 was 11.03% at Veritec, down from 7.05% in the prior quarter.
- Over the last five years, Return on Assets for VRTC hit a ceiling of 3.6% in Q2 2020 and a floor of 17.94% in Q3 2023.
- Median Return on Assets over the past 5 years was 6.3% (2022), compared with a mean of 7.42%.
- Biggest five-year swings in Return on Assets: plummeted -885bps in 2023 and later surged 691bps in 2024.
- Veritec's Return on Assets stood at 5.91% in 2020, then increased by 26bps to 4.35% in 2021, then plummeted by -45bps to 6.3% in 2022, then tumbled by -117bps to 13.7% in 2023, then increased by 19bps to 11.03% in 2024.
- The last three reported values for Return on Assets were 11.03% (Q3 2024), 7.05% (Q2 2024), and 8.27% (Q1 2024) per Business Quant data.