Novelis Inc. 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
Novelis Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Novelis Inc. Return On Equity for the quarter ending September 30, 2024 was 14.4 %, a 4.74% increase year-over-year.
  • Novelis Inc. annual Return On Equity for 2023 was 18.2 %, a 36.3% decline from 2022.
  • Novelis Inc. annual Return On Equity for 2022 was 28.6 %, a 52.4% decline from 2021.
  • Novelis Inc. annual Return On Equity for 2021 was 60 %, a 234% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 18.2 -10.4 -36.3% Apr 1, 2023 Mar 31, 2024
2022 28.6 -31.4 -52.4% Apr 1, 2022 Mar 31, 2023
2021 60 +42 +234% Apr 1, 2021 Mar 31, 2022
2020 18 -24.4 -57.6% Apr 1, 2020 Mar 31, 2021
2019 42.3 -47.6 -52.9% Apr 1, 2019 Mar 31, 2020
2018 89.9 +654 Apr 1, 2018 Mar 31, 2019
2017 -564 -526 -1374% Apr 1, 2017 Mar 31, 2018
2016 -38.3 -17 -80.2% Apr 1, 2016 Mar 31, 2017
2015 -21.3 -66.4 -147% Apr 1, 2015 Mar 31, 2016
2014 45.1 -2.8 -5.84% Apr 1, 2014 Mar 31, 2015
2013 47.9 +4.23 +9.68% Apr 1, 2013 Mar 31, 2014
2012 43.7 Mar 31, 2012 Mar 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.