Return on Equity

Data Tag

Definition

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

roe = roic + rnnoa

Details

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

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