-
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
-
Micropac Industries Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Micropac Industries Inc Return On Equity for the quarter ending August 24, 2024 was 13.7 %, a 1234% increase year-over-year.
- Micropac Industries Inc annual Return On Equity for 2023 was 1.82 %, a 78.1% decline from 2022.
- Micropac Industries Inc annual Return On Equity for 2022 was 8.3 %, a 16.7% decline from 2021.
- Micropac Industries Inc annual Return On Equity for 2021 was 9.97 %, a 97.5% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)