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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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Reserve Petroleum Co quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Reserve Petroleum Co Return On Equity for the quarter ending September 30, 2024 was 6.27 %, a 3.47% increase year-over-year.
- Reserve Petroleum Co annual Return On Equity for 2023 was -0.17 %, a 101% decline from 2022.
- Reserve Petroleum Co annual Return On Equity for 2022 was 12.7 %, a 201% increase from 2021.
- Reserve Petroleum Co annual Return On Equity for 2021 was 4.2 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)