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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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Scholastic Corp quarterly/annual Return On Equity history and growth rate from 2019 to 2023.
- Scholastic Corp Return On Equity for the quarter ending August 31, 2024 was 2.35 %, a 53.2% decline year-over-year.
- Scholastic Corp annual Return On Equity for 2023 was 1.03 %, a 85.8% decline from 2022.
- Scholastic Corp annual Return On Equity for 2022 was 7.25 %, a 5.08% increase from 2021.
- Scholastic Corp annual Return On Equity for 2021 was 6.89 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)