AVID TECHNOLOGY, INC. Annual Return On Equity in % from 2018 to 2022

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
Avid Technology, Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2022.
  • 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, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 -42 -9.81 -30.5% Jan 1, 2022 Dec 31, 2022
2021 -32.2 -24.7 -332% Jan 1, 2021 Dec 31, 2021
2020 -7.44 -2.9 -64% Jan 1, 2020 Dec 31, 2020
2019 -4.53 -10.7 -173% Jan 1, 2019 Dec 31, 2019
2018 6.19 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.