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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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Omnitek Engineering Corp quarterly/annual Return On Equity history and growth rate from Q3 2020 to Q1 2022.
- Omnitek Engineering Corp Return On Equity for the quarter ending March 31, 2022 was 6.1 %, a 86.9% decline year-over-year.
- Omnitek Engineering Corp annual Return On Equity for 2021 was -1.95 %, a 103% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)