Plastic2Oil

Plastic2Oil ROA

The Return on Assets (ROA) of Plastic2Oil (PTOI) as of Oct 28, 2026 is -349.11 %. In the previous year, Return on Assets (ROA) was -80.94 % — a change of 331.32% (lower).

ROA

-349.11 %

YoY

331.32%

Last updated:

In 2018, Plastic2Oil's return on assets (ROA) was -349.11 %, a 331.32% increase from the -80.94 % ROA in the previous year.

The Plastic2Oil ROA history

  • 3 Years

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  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2014
-121.83 USD
Jan 1, 2015
-80.17 USD
Jan 1, 2016
-250.48 USD
Jan 1, 2017
-80.94 USD
Jan 1, 2018
-349.11 USD
The Plastic2Oil ROA history
YEARROAYoY
-349.11 %+331.32%
-80.94 %-67.69%
-250.48 %+212.43%
-80.17 %-34.19%
-121.83 %—

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Plastic2Oil Stock analysis

What does Plastic2Oil do? Plastic2Oil, Inc. generates revenue through its Plastic2Oil (P2O) solution, which converts waste plastic into ultra-clean, ultra-low sulfur fuel products using its proprietary process. The company operates three fully operational P2O processors at its Niagara Falls, New York facility, demonstrating its technology to potential customers. Its primary offering, the P2O business, involves converting waste plastics into fuel through chemical reactions, with the firm providing solutions via its processors and technologies. The company’s subsidiaries, including Plastic2Oil of NY #1, LLC, Plastic2Oil (Canada) Inc., JBI RE#1, Inc., and Plastic2Oil RE ONE, Inc., support its operations and expansion. The firm targets customers seeking sustainable waste management solutions and clean energy alternatives, leveraging its technology to transform waste plastic into valuable fuel products. Plastic2Oil, Inc. sells its P2O process and technology to businesses and organizations interested in recycling plastic waste into usable diesel fuel. Its subsidiaries operate in different regions, enhancing its market reach and service delivery. The company’s focus on converting dirty fuel into clean diesel through its P2O process differentiates it in the recycling and energy sectors. Plastic2Oil, Inc. monetizes its technology by offering the P2O solution as a service and through its processors, which handle the conversion of waste plastics into fuel. The company’s three processors at Niagara Falls demonstrate the scalability and effectiveness of its system, attracting potential buyers of its technology. Its subsidiaries, such as Plastic2Oil (Canada) Inc., extend its capabilities into international markets, supporting the global demand for sustainable fuel solutions. The firm’s business model centers on providing a comprehensive recycling process that turns plastic waste into clean diesel, aligning with environmental and energy needs. Plastic2Oil is one of the most popular companies on Eulerpool.

ROA Details

Understanding Plastic2Oil's Return on Assets (ROA)

Plastic2Oil'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 Plastic2Oil'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 Plastic2Oil'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 Plastic2Oil’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 Plastic2Oil stock

Return on Assets (ROA) of Plastic2Oil is -349.11 % in 2018.

Return on Assets (ROA) of Plastic2Oil changed from -80.94 % to -349.11 %, representing a 331.32% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Plastic2Oil since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Plastic2Oil with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Plastic2Oil

All Key Metrics — Plastic2Oil