Return on Equity

Financial Data API

Definition of Return on Equity

Return on equity (ROE) is the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested. The ROE is useful for comparing the profitability of a company to that of other firms in the same industry.

Formula for Return on Equity

$roe=roic+rnnoa$

Return on Equity Details

Intrinio Tag	roe
Statements	Calculations
Templates	Industrial, Financial
Type	Effectiveness
Units	Percentage
Historical?	Yes
Screenable?	Yes

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