ARTESIAN RESOURCES CORP Annual Return On Equity in % from 2011 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
Artesian Resources Corp quarterly/annual Return On Equity history and growth rate from 2011 to 2023.
  • Artesian Resources Corp Return On Equity for the quarter ending September 30, 2024 was 8.57 %, a 14.9% increase year-over-year.
  • Artesian Resources Corp annual Return On Equity for 2023 was 7.62 %, a 21.9% decline from 2022.
  • Artesian Resources Corp annual Return On Equity for 2022 was 9.76 %, a 1.04% increase from 2021.
  • Artesian Resources Corp annual Return On Equity for 2021 was 9.67 %, a 5.11% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.62 -2.14 -21.9% Jan 1, 2023 Dec 31, 2023
2022 9.76 +0.1 +1.04% Jan 1, 2022 Dec 31, 2022
2021 9.67 -0.52 -5.11% Jan 1, 2021 Dec 31, 2021
2020 10.2 +0.66 +6.93% Jan 1, 2020 Dec 31, 2020
2019 9.53 +0.01 +0.11% Jan 1, 2019 Dec 31, 2019
2018 9.52 -0.22 -2.26% Jan 1, 2018 Dec 31, 2018
2017 9.74 +0.21 +2.2% Jan 1, 2017 Dec 31, 2017
2016 9.53 +0.73 +8.3% Jan 1, 2016 Dec 31, 2016
2015 8.8 +1.12 +14.6% Jan 1, 2015 Dec 31, 2015
2014 7.68 +0.77 +11.1% Jan 1, 2014 Dec 31, 2014
2013 6.91 -1.57 -18.5% Jan 1, 2013 Dec 31, 2013
2012 8.49 +1.98 +30.4% Jan 1, 2012 Dec 31, 2012
2011 6.51 Jan 1, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.