VERITEC INC Annual Return On Equity in % from 2012 to 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/annual Return On Equity history and growth rate from 2012 to 2024.
  • Veritec Inc Return On Equity for the quarter ending September 30, 2024 was 11.8 %, a 18% decline year-over-year.
  • Veritec Inc annual Return On Equity for 2024 was 11.3 %, a 24.9% decline from 2023.
  • Veritec Inc annual Return On Equity for 2023 was 15.1 %, a 119% increase from 2022.
  • Veritec Inc annual Return On Equity for 2022 was 6.88 %, a 58.8% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.