What is Drilling Tools International's return on assets?

Drilling Tools International (DTI) reported return on assets of 4.7% in Q3 2024.

How has Drilling Tools International's return on assets changed year-over-year?

Drilling Tools International's return on assets decreased by 55.0% year-over-year, from 10.4% to 4.7%.

What does return on assets mean?

Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.

Drilling Tools International DTI Return on assets

Name: Drilling Tools International Return on assets — Quarterly & Annual Data
Creator: OpenCapital
License: https://www.opencapital.sh/terms

Return on assets at other companies

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-12%—

Weatherford InternationalWFRD

9.1%-0.1pp

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-13.2%-42.5pp

KLX Energy Services Holdings, Inc.KLXE

-20.6%+24.0pp

Nabors IndustriesNBR

5.1%+3.9pp

Patterson-UTI EnergyPTEN

-2.1%-1.0pp

Other financials

Income statement

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Revenue$38.0M-11.5%

Gross profit$29.0M-0.5%

Operating income$3.3M-35.6%

Net income-$1.5M+7.7%

EPS (diluted)-$0.04+20.0%

Balance sheet

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Cash & equivalents$2.8M+1.8%

Total debt$44.2M-9.3%

Total equity$120.4M-1.9%

Total assets$224.7M-3.6%

Cash flow

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Operating cash flow-$3.2M-230%

CapEx$7.7M+52.4%

Free cash flow-$10.9M-315%

Valuation

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Market cap$67.82M-35.2%

Enterprise value$109.2M-27.9%

P/S0.4×-0.2×

Profitability

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Gross margin75.1%-29.7pp

Operating margin7.2%-8.6pp

Net margin5.5%-3.2pp

FCF margin-14.7%-151pp

Returns & leverage

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Return on equity13.4%-28.2pp

Debt / equity0.4×0.0×

Current ratio2.2×+0.2×

Where this comes from

Calculated from Drilling Tools International’s reported figures.

net income/total assets=4.7%

Based on trailing twelve months.

The official record: Drilling Tools International’s 10-Q, filed November 14, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Drilling Tools International's return on assets?: Drilling Tools International (DTI) reported return on assets of 4.7% in Q3 2024.
How has Drilling Tools International's return on assets changed year-over-year?: Drilling Tools International's return on assets decreased by 55.0% year-over-year, from 10.4% to 4.7%.
What does return on assets mean?: Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.