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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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Encore Wire Corp quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Encore Wire Corp Return On Equity for the quarter ending March 31, 2024 was 17.8 %, a 54.6% decline year-over-year.
- Encore Wire Corp annual Return On Equity for 2023 was 20.9 %, a 52.4% decline from 2022.
- Encore Wire Corp annual Return On Equity for 2022 was 44 %, a 8.87% decline from 2021.
- Encore Wire Corp annual Return On Equity for 2021 was 48.2 %, a 411% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)