SMITH MIDLAND CORP Annual Return On Equity in % from 2012 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
Smith Midland Corp quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Smith Midland Corp Return On Equity for the quarter ending June 30, 2024 was 13.2 %.
  • Smith Midland Corp annual Return On Equity for 2023 was 2.38 %, a 2.86% decline from 2022.
  • Smith Midland Corp annual Return On Equity for 2022 was 2.45 %, a 90.5% decline from 2021.
  • Smith Midland Corp annual Return On Equity for 2021 was 25.8 %, a 114% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 2.38 -0.07 -2.86% Jan 1, 2023 Dec 31, 2023
2022 2.45 -23.3 -90.5% Jan 1, 2022 Dec 31, 2022
2021 25.8 +13.7 +114% Jan 1, 2021 Dec 31, 2021
2020 12.1 +2.31 +23.7% Jan 1, 2020 Dec 31, 2020
2019 9.75 +0.33 +3.51% Jan 1, 2019 Dec 31, 2019
2018 9.41 -6.94 -42.4% Jan 1, 2018 Dec 31, 2018
2017 16.4 -5.99 -26.8% Jan 1, 2017 Dec 31, 2017
2016 22.3 +12.6 +130% Jan 1, 2016 Dec 31, 2016
2015 9.74 +17.1 Jan 1, 2015 Dec 31, 2015
2014 -7.32 -13.5 -218% Jan 1, 2014 Dec 31, 2014
2013 6.19 +2.78 +81.6% Jan 1, 2013 Dec 31, 2013
2012 3.41 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.