ALTEX INDUSTRIES 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
Altex Industries Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Altex Industries Inc Return On Equity for the quarter ending June 30, 2024 was 36 %, a 123% increase year-over-year.
  • Altex Industries Inc annual Return On Equity for 2023 was -11.1 %, a 146% decline from 2022.
  • Altex Industries Inc annual Return On Equity for 2022 was 24.4 %.
  • Altex Industries Inc annual Return On Equity for 2021 was -6.7 %, a 38.8% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -11.1 -35.6 -146% Oct 1, 2022 Sep 30, 2023
2022 24.4 +31.1 Oct 1, 2021 Sep 30, 2022
2021 -6.7 +4.25 +38.8% Oct 1, 2020 Sep 30, 2021
2020 -11 -8.46 -340% Oct 1, 2019 Sep 30, 2020
2019 -2.49 +2.99 +54.6% Oct 1, 2018 Sep 30, 2019
2018 -5.48 +3.46 +38.7% Oct 1, 2017 Sep 30, 2018
2017 -8.94 +13 +59.3% Oct 1, 2016 Sep 30, 2017
2016 -22 -5.05 -29.9% Oct 1, 2015 Sep 30, 2016
2015 -16.9 -4.24 -33.5% Oct 1, 2014 Sep 30, 2015
2014 -12.7 -2.45 -24% Oct 1, 2013 Sep 30, 2014
2013 -10.2 -0.61 -6.35% Oct 1, 2012 Sep 30, 2013
2012 -9.61 Oct 1, 2011 Sep 30, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.