Adient PLC Gross Profit to Tangible Assets Ratio 5 year CAGR is 7.95% for the Trailing 12 Months (TTM) ending March 31, 2024, a 245.59% change year over year. The Gross Profit to Tangible Assets Ratio measures the gross profit generated per dollar of tangible assets (total assets minus intangible assets). It provides insight into the company's ability to generate gross profit from its tangible assets. A higher ratio suggests better efficiency in utilizing tangible assets to generate gross profit. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.