Inrad Optics, Inc. Annual Return On Equity in % from 2012 to 2023

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
Inrad Optics, Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Inrad Optics, Inc. Return On Equity for the quarter ending March 31, 2024 was 59.1 %, a 969% increase year-over-year.
  • Inrad Optics, Inc. annual Return On Equity for 2023 was 52.4 %, a 1120% increase from 2022.
  • Inrad Optics, Inc. annual Return On Equity for 2022 was 4.29 %, a 92.6% decline from 2021.
  • Inrad Optics, Inc. annual Return On Equity for 2021 was 57.9 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 52.4 +48.1 +1120% Jan 1, 2023 Dec 31, 2023
2022 4.29 -53.6 -92.6% Jan 1, 2022 Dec 31, 2022
2021 57.9 +111 Jan 1, 2021 Dec 31, 2021
2020 -53.4 -18.9 -54.8% Jan 1, 2020 Dec 31, 2020
2019 -34.5 -65.8 -210% Jan 1, 2019 Dec 31, 2019
2018 31.3 +69.3 Jan 1, 2018 Dec 31, 2018
2017 -38 -10.9 -40% Jan 1, 2017 Dec 31, 2017
2016 -27.2 -10.6 -64.1% Jan 1, 2016 Dec 31, 2016
2015 -16.5 +52.3 +76% Jan 1, 2015 Dec 31, 2015
2014 -68.8 -41.5 -151% Jan 1, 2014 Dec 31, 2014
2013 -27.4 -8.3 -43.5% Jan 1, 2013 Dec 31, 2013
2012 -19.1 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.