NVE CORP /NEW/ Annual Return On Equity in % from 2019 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
Nve Corp /New/ quarterly/annual Return On Equity history and growth rate from 2019 to 2023.
  • Nve Corp /New/ Return On Equity for the quarter ending June 30, 2024 was 25.5 %, a 27.5% decline year-over-year.
  • Nve Corp /New/ annual Return On Equity for 2023 was 26.6 %, a 21.3% decline from 2022.
  • Nve Corp /New/ annual Return On Equity for 2022 was 33.8 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 26.6 -7.2 -21.3% Apr 1, 2023 Mar 31, 2024
2022 33.8 Apr 1, 2022 Mar 31, 2023
2019 17.2 Apr 1, 2019 Mar 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.