TACTILE SYSTEMS TECHNOLOGY INC Annual Return On Equity in % from 2016 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
Tactile Systems Technology Inc quarterly/annual Return On Equity history and growth rate from 2016 to 2023.
  • Tactile Systems Technology Inc Return On Equity for the quarter ending September 30, 2024 was 7.76 %.
  • Tactile Systems Technology Inc annual Return On Equity for 2023 was 16.5 %.
  • Tactile Systems Technology Inc annual Return On Equity for 2022 was -15.4 %, a 68.6% decline from 2021.
  • Tactile Systems Technology Inc annual Return On Equity for 2021 was -9.12 %, a 1556% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 16.5 +31.9 Jan 1, 2023 Dec 31, 2023
2022 -15.4 -6.25 -68.6% Jan 1, 2022 Dec 31, 2022
2021 -9.12 -8.57 -1556% Jan 1, 2021 Dec 31, 2021
2020 -0.55 -11.3 -105% Jan 1, 2020 Dec 31, 2020
2019 10.8 +2.61 +32% Jan 1, 2019 Dec 31, 2019
2018 8.16 -0.62 -7.06% Jan 1, 2018 Dec 31, 2018
2017 8.78 -2.46 -21.9% Jan 1, 2017 Dec 31, 2017
2016 11.2 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.