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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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Sonic Automotive Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Sonic Automotive Inc Return On Equity for the quarter ending September 30, 2024 was 20.9 %.
- Sonic Automotive Inc annual Return On Equity for 2023 was 20.5 %, a 149% increase from 2022.
- Sonic Automotive Inc annual Return On Equity for 2022 was 8.22 %, a 77.3% decline from 2021.
- Sonic Automotive Inc annual Return On Equity for 2021 was 36.2 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)