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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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Nobility Homes Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Nobility Homes Inc Return On Equity for the quarter ending August 3, 2024 was 16.5 %, a 27.1% decline year-over-year.
- Nobility Homes Inc annual Return On Equity for 2023 was 21.3 %, a 37.7% increase from 2022.
- Nobility Homes Inc annual Return On Equity for 2022 was 15.5 %, a 42.8% increase from 2021.
- Nobility Homes Inc annual Return On Equity for 2021 was 10.8 %, a 10.2% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)