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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Primeenergy Resources Corp quarterly/annual Return On Equity history and growth rate from 2012 to 2022.
- Primeenergy Resources Corp Return On Equity for the quarter ending December 31, 2022 was 39.2 %, a 1686% increase year-over-year.
- Primeenergy Resources Corp annual Return On Equity for 2022 was 39.2 %, a 1686% increase from 2021.
- Primeenergy Resources Corp annual Return On Equity for 2021 was 2.19 %.
- Primeenergy Resources Corp annual Return On Equity for 2020 was -2.32 %, a 170% decline from 2019.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)