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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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Avid Technology, Inc. quarterly/annual Return On Equity history and growth rate from Q3 2018 to Q3 2023.
- Avid Technology, Inc. Return On Equity for the quarter ending September 30, 2023 was -10.8 %, a 68.2% increase year-over-year.
- Avid Technology, Inc. annual Return On Equity for 2022 was -42 %, a 30.5% decline from 2021.
- Avid Technology, Inc. annual Return On Equity for 2021 was -32.2 %, a 332% decline from 2020.
- Avid Technology, Inc. annual Return On Equity for 2020 was -7.44 %, a 64% decline from 2019.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)