-
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
-
Lightpath Technologies Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2024.
- Lightpath Technologies Inc Return On Equity for the quarter ending September 30, 2024 was -26.5 %, a 125% decline year-over-year.
- Lightpath Technologies Inc annual Return On Equity for 2024 was -24.5 %, a 95.2% decline from 2023.
- Lightpath Technologies Inc annual Return On Equity for 2023 was -12.6 %, a 12.3% decline from 2022.
- Lightpath Technologies Inc annual Return On Equity for 2022 was -11.2 %, a 24.4% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)