MESA LABORATORIES INC /CO/ Annual Return On Equity in % from 2020 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
Mesa Laboratories Inc /Co/ quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Mesa Laboratories Inc /Co/ Return On Equity for the quarter ending September 30, 2024 was -114 %, a 61856% decline year-over-year.
  • Mesa Laboratories Inc /Co/ annual Return On Equity for 2023 was -66.2 %, a 28385% decline from 2022.
  • Mesa Laboratories Inc /Co/ annual Return On Equity for 2022 was 0.23 %, a 51.1% decline from 2021.
  • Mesa Laboratories Inc /Co/ annual Return On Equity for 2021 was 0.47 %, a 71.3% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -66.2 -66.5 -28385% Apr 1, 2023 Mar 31, 2024
2022 0.23 -0.24 -51.1% Apr 1, 2022 Mar 31, 2023
2021 0.47 -1.16 -71.3% Apr 1, 2021 Mar 31, 2022
2020 1.63 Apr 1, 2020 Mar 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.