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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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Tessco Technologies Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2022.
- Tessco Technologies Inc Return On Equity for the quarter ending March 26, 2023 was -5.71 %, a 60% decline year-over-year.
- Tessco Technologies Inc annual Return On Equity for 2022 was -5.74 %, a 67.4% decline from 2021.
- Tessco Technologies Inc annual Return On Equity for 2021 was -3.43 %, a 61.8% increase from 2020.
- Tessco Technologies Inc annual Return On Equity for 2020 was -8.97 %, a 54.9% increase from 2019.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)