Return On Equity in % of VERITEC INC from Q1 2012 to Q3 2024

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
VERITEC INC quarterly and annual Return On Equity history and change rate from Q1 2012 to Q3 2024.
  • VERITEC INC Return On Equity for the quarter ending 30 Sep 2024 was 12%, a 18% decline year-over-year.
  • VERITEC INC annual Return On Equity for 2024 was 11%, a 25% decline from 2023.
  • VERITEC INC annual Return On Equity for 2023 was 15%, a 119% increase from 2022.
  • VERITEC INC annual Return On Equity for 2022 was 6.9%, a 59% decline from 2021.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)

VERITEC INC Quarterly Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2024 12% -2.6% -18% 01 Jul 2024 30 Sep 2024
Q2 2024 11% -3.7% -25% 01 Apr 2024 30 Jun 2024
Q1 2024 13% +2% +18% 01 Jan 2024 31 Mar 2024
Q4 2023 14% +4% +42% 01 Oct 2023 31 Dec 2023
Q3 2023 14% +6.6% +85% 01 Jul 2023 30 Sep 2023
Q2 2023 15% +8.2% +119% 01 Apr 2023 30 Jun 2023
Q1 2023 11% -1.4% -11% 01 Jan 2023 31 Mar 2023
Q4 2022 9.6% -3.4% -26% 01 Oct 2022 31 Dec 2022
Q3 2022 7.8% -6.9% -47% 01 Jul 2022 30 Sep 2022
Q2 2022 6.9% -9.8% -59% 01 Apr 2022 30 Jun 2022
Q1 2022 12% -4.1% -25% 01 Jan 2022 31 Mar 2022
Q4 2021 13% -2.5% -16% 01 Oct 2021 31 Dec 2021
Q3 2021 15% -1.4% -8.6% 01 Jul 2021 30 Sep 2021
Q2 2021 17% +6.3% +61% 01 Apr 2021 30 Jun 2021
Q1 2021 16% +5.6% +53% 01 Jan 2021 31 Mar 2021
Q4 2020 15% +4% +34% 01 Oct 2020 31 Dec 2020
Q3 2020 16% +4.9% +43% 01 Jul 2020 30 Sep 2020
Q2 2020 10% -6.6% -39% 01 Apr 2020 30 Jun 2020
Q1 2020 11% -3.2% -23% 01 Jan 2020 31 Mar 2020
Q4 2019 12% -6.2% -35% 01 Oct 2019 31 Dec 2019
Q3 2019 11% -0.6% -5.1% 01 Jul 2019 30 Sep 2019
Q2 2019 17% +17% +4143% 01 Apr 2019 30 Jun 2019
Q1 2019 14% +8.2% +147% 01 Jan 2019 31 Mar 2019
Q4 2018 18% +2% +13% 01 Oct 2018 31 Dec 2018
Q3 2018 12% -17% -59% 01 Jul 2018 30 Sep 2018
Q2 2018 0.4% -34% -99% 01 Apr 2018 30 Jun 2018
Q1 2018 5.6% +28% 01 Jan 2018 31 Mar 2018
Q4 2017 16% +1.1% +7.5% 01 Oct 2017 31 Dec 2017
Q3 2017 29% +17% +151% 01 Jul 2017 30 Sep 2017
Q2 2017 34% -0.9% -2.6% 01 Apr 2017 30 Jun 2017
Q1 2017 -23% -109% -126% 01 Jan 2017 31 Mar 2017
Q4 2016 15% -23% -61% 01 Oct 2016 31 Dec 2016
Q3 2016 11% -18% -61% 01 Jul 2016 30 Sep 2016
Q2 2016 35% +17% +89% 01 Apr 2016 30 Jun 2016
Q1 2016 86% +74% +619% 01 Jan 2016 31 Mar 2016
Q4 2015 37% +29% +351% 01 Oct 2015 31 Dec 2015
Q3 2015 29% +22% +283% 01 Jul 2015 30 Sep 2015
Q2 2015 19% +25% 01 Apr 2015 30 Jun 2015
Q1 2015 12% +15% 01 Jan 2015 31 Mar 2015
Q4 2014 8.3% +8.6% 01 Oct 2014 31 Dec 2014
Q3 2014 7.7% +4.1% +112% 01 Jul 2014 30 Sep 2014
Q2 2014 -6.6% -24% -138% 01 Apr 2014 30 Jun 2014
Q1 2014 -3.1% -23% -116% 01 Jan 2014 31 Mar 2014
Q4 2013 -0.31% -21% -102% 01 Oct 2013 31 Dec 2013
Q3 2013 3.6% -20% -84% 01 Jul 2013 30 Sep 2013
Q2 2013 17% -4.4% -20% 01 Apr 2013 30 Jun 2013
Q1 2013 20% -1.6% -7.6% 01 Jan 2013 31 Mar 2013
Q4 2012 21% 01 Oct 2012 31 Dec 2012
Q3 2012 23% 01 Jul 2012 30 Sep 2012
Q2 2012 22% 01 Apr 2012 30 Jun 2012
Q1 2012 22% 01 Jan 2012 31 Mar 2012

VERITEC INC Annual Return On Equity (%)

Period Value YoY Chg Change % Start Date End Date
2024 11% -3.7% -25% 01 Jul 2023 30 Jun 2024
2023 15% +8.2% +119% 01 Jul 2022 30 Jun 2023
2022 6.9% -9.8% -59% 01 Jul 2021 30 Jun 2022
2021 17% +6.3% +61% 01 Jul 2020 30 Jun 2021
2020 10% -6.6% -39% 01 Jul 2019 30 Jun 2020
2019 17% +17% +4143% 01 Jul 2018 30 Jun 2019
2018 0.4% -34% -99% 01 Jul 2017 30 Jun 2018
2017 34% -0.9% -2.6% 01 Jul 2016 30 Jun 2017
2016 35% +17% +89% 01 Jul 2015 30 Jun 2016
2015 19% +25% 01 Jul 2014 30 Jun 2015
2014 -6.6% -24% -138% 01 Jul 2013 30 Jun 2014
2013 17% -4.4% -20% 01 Jul 2012 30 Jun 2013
2012 22% 01 Jul 2011 30 Jun 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.