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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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Tootsie Roll Industries Inc quarterly/annual Return On Equity history and growth rate from Q4 2016 to Q3 2024.
- Tootsie Roll Industries Inc Return On Equity for the quarter ending September 30, 2024 was 11.1 %, a 0.18% increase year-over-year.
- Tootsie Roll Industries Inc annual Return On Equity for 2023 was 11.5 %, a 17.3% increase from 2022.
- Tootsie Roll Industries Inc annual Return On Equity for 2022 was 9.78 %, a 13.7% increase from 2021.
- Tootsie Roll Industries Inc annual Return On Equity for 2021 was 8.61 %, a 10.4% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)