As of May 29, 2025, Omni Lite Industries Canada Inc (OML.V) reports a ROA (Return on Assets) of 2.63%.
ROA (Return on Assets) evaluates how effectively a company turns its assets into profits, showcasing resource utilization.
Historical Trend of Omni Lite Industries Canada Inc's ROA (Return on Assets)
Over recent years, Omni Lite Industries Canada Inc's ROA (Return on Assets) has shown a stable trend. The table below summarizes the historical values:
| Date | ROA (Return on Assets) |
|---|---|
| 2024-12-31 | 2.63% |
| 2023-12-31 | 0.42% |
| 2022-12-31 | -12.72% |
| 2021-12-31 | -2.09% |
| 2020-12-31 | -4.16% |
This slight upward trend highlights how Omni Lite Industries Canada Inc manages its efficiency in using assets to generate earnings over time.
Comparing Omni Lite Industries Canada Inc's ROA (Return on Assets) to Peers
To better understand Omni Lite Industries Canada Inc's position, it's useful to compare its ROA (Return on Assets) against industry peers. Below are selected comparisons:
| Company | ROA (Return on Assets) |
|---|---|
| Omni Lite Industries Canada Inc (OML.V) | 2.63% |
| Taylor Devices Inc (TAYD) | 14.27% |
| Novus Robotics Inc (NRBT) | 4.49% |
| International Baler Corp (IBAL) | 2.81% |
| AgriSolar Solutions Inc (AGSO) | 1.93% |
| American Metal & Technology Inc (AMGY) | -4.80% |
Compared to its competitors, Omni Lite Industries Canada Inc's ROA (Return on Assets) is among the highest compared to peers, demonstrating superior efficiency in generating earnings from assets.