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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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Pedevco Corp quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
- Pedevco Corp Return On Equity for the quarter ending September 30, 2024 was 2.3 %, a 52.4% increase year-over-year.
- Pedevco Corp annual Return On Equity for 2023 was 0.26 %, a 91.2% decline from 2022.
- Pedevco Corp annual Return On Equity for 2022 was 2.95 %.
- Pedevco Corp annual Return On Equity for 2021 was -1.49 %, a 95.7% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)