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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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Abraxas Petroleum Corp quarterly/annual Return On Equity history and growth rate from 2012 to 2022.
- Abraxas Petroleum Corp Return On Equity for the quarter ending December 31, 2022 was 56.8 %, a 38.4% increase year-over-year.
- Abraxas Petroleum Corp annual Return On Equity for 2022 was 56.8 %, a 38.4% increase from 2021.
- Abraxas Petroleum Corp annual Return On Equity for 2021 was 41.1 %.
- Abraxas Petroleum Corp annual Return On Equity for 2020 was -564 %, a 1139% decline from 2019.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)