OLB GROUP, INC. Annual Return On Equity in % from 2022 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
Olb Group, Inc. quarterly/annual Return On Equity history and growth rate from 2022 to 2023.
  • Olb Group, Inc. Return On Equity for the quarter ending September 30, 2024 was -258 %, a 916% decline year-over-year.
  • Olb Group, Inc. annual Return On Equity for 2023 was -87.1 %, a 325% decline from 2022.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -87.1 -66.6 -325% Jan 1, 2023 Dec 31, 2023
2022 -20.5 Jan 1, 2022 Dec 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.