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Hamilton Beach Brands Holding Company  (NYSE: HBB)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates


Hamilton Beach Brands Holding's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Hamilton Beach Brands Holding's ROA in the third quarter of 2024?
Hamilton Beach Brands Holding Company achieved a return on average assets (ROA) of 7.63 % in its third quarter of 2024, this is above HBB's average return on assets of 7.29%.
Hamilton Beach Brands Holding Company assets over the 12 months ending in its third quarter of 2024 are valued at $345 million

ROA decreased relative to the period ending Jun 30 2024, due to the decline in net income.

However, within the Conglomerates sector 5 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2024 from 623 to 824.

What is ROA?


Return On Assets (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Total Assets Change 10.01 % 9.77 % 13.11 % 0.37 % -18.94 %
Y / Y Net Income Change -81.28 % 5341.82 % - 175.7 % 75.05 %
Net Income (TTM) in million 26 35 29 25 13
Return On Assets (TTM) 7.63 % 10.31 % 8.76 % 7.89 % 4 %
HBB's Total Ranking # 824 # 623 # 744 # 945 # 1476
Total Assets (TTM) in million 372 332 332 345 338
Seq. Total Assets Change 11.9 % 0.17 % -3.93 % 2.15 % 11.66 %
Seq. Net Income Change -67.66 % - - 89.26 % 9300 %



Return On Assets Company Ranking
Within: No.
Industry # 6
Sector # 6
Overall # 823

Return On Assets Statistics
High Average Low
15.02 %
7.29 %
2.24 %
(Dec 31 2020)   (Jun 30 2023)



  News about Hamilton Beach Brands Holding Company

Hamilton Beach Brands Soars Stock Hit 35% Surge Following Strong Earnings and Market Buzz

In a week marked by a whirlwind of trading activity, shares of Hamilton Beach Brands Holding Company (NYSE:HBB) have left investors both hopeful and cautious. Despite trailing the broader market performance as of the latest trading session, the stock has experienced a remarkable rebound over the past five days, with a sharp 35.28% increase. But what factors fueled this surge and what should investors be considering now A pivotal moment for Hamilton Beach came on August 5, 2024, when reports highlighted that its share price had skyrocketed by 28.40%. This surge prompted widespread discussion among investors, with many contemplating whether it?s a prudent time to cash out. Shares reached new highs following a slew of news covering the company?s robust second-quarter earnings, which reflected a commendable growth trajectory, underscored by a substantial rise in revenue driven by higher volume and a favorable product mix. In its second quarter of 2024, Hamilton Beach reported total revenue of $156.2 million, marking a 14% increase compared to the previous year. This growth spurt was primarily attributed to an impressive increase in demand, pushing the company?s return on assets (ROA) to 10.31%, significantly above its historical average of 7.32%. This improvement in ROA, up from 8.76% in Q1 2024, highlights Hamilton Beach?s effective operational efficiency and profitability amid a challenging economic landscape.However, it?s not just the financial metrics that are propelling investor interest. Following earnings reports, multiple news outlets focused on the company?s future, prompting enthusiasm accustomed to companies in the consumer goods sector. A piece published on August 2 raised questions about whether Hamilton Beach s upcoming earnings would warrant close attention, a sentiment echoed by investment analysts scrutinizing the company?s favorable positioning within the Conglomerates sector.




Financial Statements
Hamilton Beach Brands Holding's Assets $ 372 million HBB's Balance sheet
Hamilton Beach Brands Holding's Income $ 2 million Quarterly HBB's Income Statement
HBB's Income by Division See HBB's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 0.37 % -10.08 % -2.21 % 35.51 % -
Total Assets in million 345 344 383 391 289
Y / Y Net Income Change -0.1 % 18.59 % -53.94 % - -
Net Income in million 25 25 21 46 -14
Annual Return On Assets 7.31 % 7.35 % 5.57 % 11.83 % -4.68 %




Comment on HBB's ROA in the fiscal year ending 2023
In the fiscal year 2023 Hamilton Beach Brands Holding's ROA decreased compared to previous year to 7.31 %, due to deterioration of net income -0.1 % to $25.24 million, from $25.27 million a year ago, as HBB's assets were $345.22 million.


More Return On Assets Ratios
HBB's' Return on Assets at Yahoo Finance
Conglomerates Industry Return On Assets Trends and Statistics
Conglomerates Sector Roa Statistics
Roa Trends for overall market
HBB's Roa Ratio versus Conglomerates Industry, Conglomerates Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for HBB's Competitors
Roa for Hamilton Beach Brands Holding's Suppliers
Return On Assets for HBB's Customers

You may also want to know
HBB's Roi HBB's Inventory Turnover Ratio HBB's Growth Rates HBB's Dividend Comparisons
HBB's Profitability Ratios HBB's Asset Turnover Ratio HBB's Dividend Growth
HBB's Roe HBB's Valuation Ratios HBB's Financial Strength Ratios HBB's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2024, within Conglomerates Sector ROA
Interdigital Inc   15.25 %
Dolby Laboratories Inc   8.76 %
Honeywell International Inc   8.44 %
Acacia Research Corporation  7.76 %
Hamilton Beach Brands Holding Company  6.87 %
Steel Partners Holdings L p   6.41 %
Helen Of Troy Limited  4.94 %
Scientific Energy Inc   4.02 %
Rtx Corporation  3.04 %


Date modified: 2024-10-31T10:02:20+00:00


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