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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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Empire Petroleum Corp quarterly/annual Return On Equity history and growth rate from 2013 to 2024.
- Empire Petroleum Corp Return On Equity for the quarter ending March 31, 2025 was -27.8 %, a 48.5% increase year-over-year.
- Empire Petroleum Corp annual Return On Equity for 2024 was -30.9 %, a 43.2% increase from 2023.
- 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.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)