Finning International Stock

Finning International ROA 2024

Finning International ROA

0.07

Ticker

FTT.TO

ISIN

CA3180714048

WKN

885970

In 2024, Finning International's return on assets (ROA) was 0.07, a 0.01% increase from the 0.07 ROA in the previous year.

Finning International Aktienanalyse

What does Finning International do?

Finning International Inc. is a global company specializing in the sales and maintenance of Caterpillar machinery and equipment. The company was founded in Canada in 1933 and is currently headquartered in Vancouver, British Columbia. In its history, Finning has experienced continuous expansion and impressive development, including both organic and acquisition growth. In 1987, the company significantly expanded through the acquisition of Tractor parts, a company in England. In 1996, Finning became a customized supplier for Caterpillar, the world's largest manufacturer of construction machinery and tools. Since then, the company has continuously expanded its network and now has 18 locations in Canada, 16 locations in the UK and Ireland, and 5 locations in Chile and Argentina. In 2020, the company had 580,784 machines and equipment valued at $38.8 billion in rental and sales. Finning's business model includes the sale of new and used machines, the rental of machinery and equipment, maintenance and repair services, as well as training and support services. The company offers machines for road and building construction, mining machines, agricultural and forestry machines, forklifts, and generators. Finning also operates a digital platform called MyFinning, which allows customers to order spare parts and machines online, manage their fleet, and optimize their maintenance plans. Finning operates its business based on three geographic segments: Canada, the UK and Iberia, and South America. The Canada segment includes machine sales as well as a fleet of 5,000 rental machines and equipment. The UK and Ireland segment serves customers working in this region and also provides services for Caterpillar customers in Europe and the Middle East. The Iberia group serves customers in Spain, Portugal, and Morocco. In February 2021, the Canadian Finning operation and a Chilean subsidiary were acquired by the Canadian Desjardins Group. The acquisition of Finning Canada is a significant transaction valued at $500 million, with Finning Canada operating 40% of its rental base and 10% of its rental business between Finning UK and GAP. Finning is an excellent example of a company that continually adapts to changes in the economy and customer needs, consistently optimizing and expanding its business to solidify its leading position in the industry. Finning International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Finning International's Return on Assets (ROA)

Finning International's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Finning International's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Finning International's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Finning International’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Finning International stock

What is the Return on Assets (ROA) of Finning International this year?

The Return on Assets (ROA) of Finning International is 0.07 undefined this year.

What was the ROA of Finning International compared to the previous year?

The ROA of Finning International has increased by 0.01% compared to the previous year.

What consequences do high ROA have for investors of Finning International?

A high ROA is advantageous for investors of Finning International, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Finning International?

A low ROA can be unfavorable for investors of Finning International as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Finning International affect the company?

An increase in ROA of Finning International can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Finning International impact the company?

A reduction in the ROA of Finning International can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Finning International?

Some factors that can influence the ROA of Finning International include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Finning International important for investors?

The ROA of Finning International is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Finning International take to improve ROA?

To improve ROA, Finning International can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Finning International pay?

Over the past 12 months, Finning International paid a dividend of 0.99 CAD . This corresponds to a dividend yield of about 2.25 %. For the coming 12 months, Finning International is expected to pay a dividend of 1.12 CAD.

What is the dividend yield of Finning International?

The current dividend yield of Finning International is 2.25 %.

When does Finning International pay dividends?

Finning International pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Finning International?

Finning International paid dividends every year for the past 23 years.

What is the dividend of Finning International?

For the upcoming 12 months, dividends amounting to 1.12 CAD are expected. This corresponds to a dividend yield of 2.55 %.

In which sector is Finning International located?

Finning International is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Finning International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Finning International from 9/5/2024 amounting to 0.275 CAD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Finning International pay the last dividend?

The last dividend was paid out on 9/5/2024.

What was the dividend of Finning International in the year 2023?

In the year 2023, Finning International distributed 0.933 CAD as dividends.

In which currency does Finning International pay out the dividend?

The dividends of Finning International are distributed in CAD.

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Andere Kennzahlen von Finning International

Our stock analysis for Finning International Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Finning International Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.