NORTECH SYSTEMS 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
Nortech Systems Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Nortech Systems Inc Return On Equity for the quarter ending June 30, 2024 was 18.8 %, a 118% increase year-over-year.
  • Nortech Systems Inc annual Return On Equity for 2023 was 22.1 %, a 201% increase from 2022.
  • Nortech Systems Inc annual Return On Equity for 2022 was 7.34 %, a 79% decline from 2021.
  • Nortech Systems Inc annual Return On Equity for 2021 was 35 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 22.1 +14.8 +201% Jan 1, 2023 Dec 31, 2023
2022 7.34 -27.7 -79% Jan 1, 2022 Dec 31, 2022
2021 35 +42.7 Jan 1, 2021 Dec 31, 2021
2020 -7.64 -1.48 -24% Jan 1, 2020 Dec 31, 2020
2019 -6.16 -6.95 -881% Jan 1, 2019 Dec 31, 2019
2018 0.79 +12.1 Jan 1, 2018 Dec 31, 2018
2017 -11.3 -11.5 -5834% Jan 1, 2017 Dec 31, 2017
2016 0.2 +2.76 Jan 1, 2016 Dec 31, 2016
2015 -2.56 -6.48 -165% Jan 1, 2015 Dec 31, 2015
2014 3.92 +0.28 +7.68% Jan 1, 2014 Dec 31, 2014
2013 3.65 +0.63 +20.9% Jan 1, 2013 Dec 31, 2013
2012 3.02 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.