Iridium Communications 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
Iridium Communications Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Iridium Communications Inc. Return On Equity for the quarter ending June 30, 2024 was 10.2 %.
  • Iridium Communications Inc. annual Return On Equity for 2023 was 1.58 %, a 111% increase from 2022.
  • Iridium Communications Inc. annual Return On Equity for 2022 was 0.75 %.
  • Iridium Communications Inc. annual Return On Equity for 2021 was -0.7 %, a 82.3% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.58 +0.83 +111% Jan 1, 2023 Dec 31, 2023
2022 0.75 +1.46 Jan 1, 2022 Dec 31, 2022
2021 -0.7 +3.26 +82.3% Jan 1, 2021 Dec 31, 2021
2020 -3.96 +6.53 +62.3% Jan 1, 2020 Dec 31, 2020
2019 -10.5 -9.65 -1157% Jan 1, 2019 Dec 31, 2019
2018 -0.83 -16.9 -105% Jan 1, 2018 Dec 31, 2018
2017 16 +7.48 +87.7% Jan 1, 2017 Dec 31, 2017
2016 8.53 +7.97 +1415% Jan 1, 2016 Dec 31, 2016
2015 0.56 -5.97 -91.3% Jan 1, 2015 Dec 31, 2015
2014 6.54 -0.29 -4.25% Jan 1, 2014 Dec 31, 2014
2013 6.82 -1.54 -18.4% Jan 1, 2013 Dec 31, 2013
2012 8.36 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.