What is Profire Energy Inc's ROI in the second quarter of 2024?
Profire Energy Inc achieved a return on average invested assets (ROI) of
15.2 % in its second quarter of 2024, this is above PFIE's average return on investment of 7.01%.
Profire Energy Inc invested over the 12 months ending in its second quarter of 2024 $58 million
ROI fell compared to the first quarter of 2024, despite the net income growth of 43.81% from the first quarter of 2024.
Within the
Basic Materials sector 26 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the first quarter of 2024 from
226 to
335.
Definition and Formula of Return on Investment
| Return On Investment |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Investment Change TTM |
18.27 % |
20.77 % |
20.14 % |
16.4 % |
10.08 % |
| Y / Y Net Income Change TTM |
4.06 % |
62.79 % |
224.54 % |
522.58 % |
2878.12 % |
| Investment (TTM) in Millions |
61 |
59 |
57 |
56 |
54 |
| Return On Investment (TTM) |
15.2 % |
17.08 % |
19.85 % |
17.99 % |
17.28 % |
| PFIE's Overall
Ranking |
# 335 |
# 226 |
# 282 |
# 386 |
# 423 |
| Seq. Investment Change TTM |
3.08 % |
3.78 % |
4.86 % |
5.44 % |
5.25 % |
| Seq. Net Income Change TTM |
-8.26 % |
-10.72 % |
15.74 % |
9.77 % |
43.52 % |
| Net Income (TTM) in Millions |
9 |
10 |
11 |
9 |
8 |
