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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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Advance Auto Parts Inc quarterly/annual Return On Equity history and growth rate from 2010 to 2023.
- Advance Auto Parts Inc Return On Equity for the quarter ending July 13, 2024 was -0.47 %, a 103% decline year-over-year.
- Advance Auto Parts Inc annual Return On Equity for 2023 was 1.16 %, a 93.2% decline from 2022.
- Advance Auto Parts Inc annual Return On Equity for 2022 was 16.9 %, a 7.46% decline from 2021.
- Advance Auto Parts Inc annual Return On Equity for 2021 was 18.2 %, a 34.7% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)