• Carpenter Technology average return on assets for 2023 was 2.67, a 256.14% increase from 2022.
• Carpenter Technology average return on assets for 2022 was -1.71, a 75.98% decline from 2021.
• Carpenter Technology average return on assets for 2021 was -7.12, a 584.62% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.