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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Photronics Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Photronics Inc Return On Equity for the quarter ending July 28, 2024 was 10.5 %, a 4.29% increase year-over-year.
- Photronics Inc annual Return On Equity for 2023 was 10.2 %, a 9.08% decline from 2022.
- Photronics Inc annual Return On Equity for 2022 was 11.2 %, a 101% increase from 2021.
- Photronics Inc annual Return On Equity for 2021 was 5.59 %, a 55.2% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)