EMPIRE PETROLEUM CORP Annual Return On Equity in % from 2013 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
Empire Petroleum Corp quarterly/annual Return On Equity history and growth rate from 2013 to 2023.
  • Empire Petroleum Corp Return On Equity for the quarter ending June 30, 2024 was -44.2 %, a 34.7% decline year-over-year.
  • Empire Petroleum Corp annual Return On Equity for 2023 was -54.4 %, a 262% decline from 2022.
  • Empire Petroleum Corp annual Return On Equity for 2022 was 33.6 %, a 97.5% decline from 2021.
  • Empire Petroleum Corp annual Return On Equity for 2021 was 1.33K %, a 581% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -54.4 -88 -262% Jan 1, 2023 Dec 31, 2023
2022 33.6 -1.3K -97.5% Jan 1, 2022 Dec 31, 2022
2021 1.33K +1.14K +581% Jan 1, 2021 Dec 31, 2021
2020 196 -127 -39.3% Jan 1, 2020 Dec 31, 2020
2019 322 +5.22K Jan 1, 2019 Dec 31, 2019
2018 -4.9K -4.41K -905% Jan 1, 2018 Dec 31, 2018
2017 -488 -276 -130% Jan 1, 2017 Dec 31, 2017
2016 -212 -117 -123% Jan 1, 2016 Dec 31, 2016
2015 -94.9 +236 +71.3% Jan 1, 2015 Dec 31, 2015
2014 -331 -218 -193% Jan 1, 2014 Dec 31, 2014
2013 -113 Jan 1, 2013 Dec 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.