FRIEDMAN INDUSTRIES INC Annual Return On Equity in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as 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.
Summary
Friedman Industries Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Friedman Industries Inc Return On Equity for the quarter ending September 30, 2024 was 6.32 %, a 60.4% decline year-over-year.
  • Friedman Industries Inc annual Return On Equity for 2023 was 16 %, a 41.1% decline from 2022.
  • Friedman Industries Inc annual Return On Equity for 2022 was 27.2 %, a 28.5% increase from 2021.
  • Friedman Industries Inc annual Return On Equity for 2021 was 21.2 %, a 29.7% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 16 -11.2 -41.1% Apr 1, 2023 Mar 31, 2024
2022 27.2 +6.03 +28.5% Apr 1, 2022 Mar 31, 2023
2021 21.2 +4.84 +29.7% Apr 1, 2021 Mar 31, 2022
2020 16.3 +23.5 Apr 1, 2020 Mar 31, 2021
2019 -7.19 -15.2 -190% Apr 1, 2019 Mar 31, 2020
2018 8.01 +1.55 +24% Apr 1, 2018 Mar 31, 2019
2017 6.45 +10.7 Apr 1, 2017 Mar 31, 2018
2016 -4.22 -4.68 -1010% Apr 1, 2016 Mar 31, 2017
2015 0.46 -0.14 -23.1% Apr 1, 2015 Mar 31, 2016
2014 0.61 -2.08 -77.5% Apr 1, 2014 Mar 31, 2015
2013 2.68 -7.27 -73% Apr 1, 2013 Mar 31, 2014
2012 9.96 Apr 1, 2012 Mar 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.