Saia Return On Assets from 2010 to 2024

SAIA Stock  USD 449.01  3.31  0.74%   
Saia's Return On Assets are increasing over the years with slightly volatile fluctuation. Overall, Return On Assets are expected to go to 0.14 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Saia Inc earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.1334249
Current Value
0.14
Quarterly Volatility
0.03968235
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Saia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Saia's main balance sheet or income statement drivers, such as Depreciation And Amortization of 187.8 M, Interest Expense of 4.4 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 4.25, Dividend Yield of 0.0 or PTB Ratio of 6.31. Saia financial statements analysis is a perfect complement when working with Saia Valuation or Volatility modules.
  
Check out the analysis of Saia Correlation against competitors.

Latest Saia's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Saia Inc over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Saia's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Saia's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Saia Return On Assets Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.08
Coefficient Of Variation44.60
Mean Deviation0.03
Median0.08
Standard Deviation0.04
Sample Variance0
Range0.1404
R-Value0.91
Mean Square Error0.0003
R-Squared0.82
Slope0.01
Total Sum of Squares0.02

Saia Return On Assets History

2023 0.13
2022 0.16
2021 0.14
2020 0.0893
2019 0.0803
2018 0.0926
2017 0.0942

About Saia Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Saia income statement, its balance sheet, and the statement of cash flows. Saia investors use historical funamental indicators, such as Saia's Return On Assets, to determine how well the company is positioned to perform in the future. Although Saia investors may use each financial statement separately, they are all related. The changes in Saia's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Saia's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Saia Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Saia. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.13  0.14 

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Additional Information and Resources on Investing in Saia Stock

When determining whether Saia Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Saia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saia Inc Stock:
Check out the analysis of Saia Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Saia. If investors know Saia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Saia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.186
Earnings Share
13.78
Revenue Per Share
111.658
Quarterly Revenue Growth
0.143
Return On Assets
0.1198
The market value of Saia Inc is measured differently than its book value, which is the value of Saia that is recorded on the company's balance sheet. Investors also form their own opinion of Saia's value that differs from its market value or its book value, called intrinsic value, which is Saia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Saia's market value can be influenced by many factors that don't directly affect Saia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Saia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.