LAKE AREA CORN PROCESSORS LLC 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
Lake Area Corn Processors Llc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Lake Area Corn Processors Llc Return On Equity for the quarter ending June 30, 2024 was 33.7 %, a 40.2% increase year-over-year.
  • Lake Area Corn Processors Llc annual Return On Equity for 2023 was 34.3 %, a 33.7% increase from 2022.
  • Lake Area Corn Processors Llc annual Return On Equity for 2022 was 25.7 %, a 60.1% decline from 2021.
  • Lake Area Corn Processors Llc annual Return On Equity for 2021 was 64.4 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 34.3 +8.65 +33.7% Jan 1, 2023 Dec 31, 2023
2022 25.7 -38.7 -60.1% Jan 1, 2022 Dec 31, 2022
2021 64.4 Jan 1, 2021 Dec 31, 2021
2019 -5.94 -9.93 -249% Jan 1, 2019 Dec 31, 2019
2018 3.99 -5.4 -57.5% Jan 1, 2018 Dec 31, 2018
2017 9.39 -7.3 -43.7% Jan 1, 2017 Dec 31, 2017
2016 16.7 +4.04 +31.9% Jan 1, 2016 Dec 31, 2016
2015 12.7 -47.2 -78.8% Jan 1, 2015 Dec 31, 2015
2014 59.8 +35.2 +143% Jan 1, 2014 Dec 31, 2014
2013 24.6 +27.1 Jan 1, 2013 Dec 31, 2013
2012 -2.45 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.