Grand Canyon Education, Inc. Annual Return On Equity in % from 2011 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
Grand Canyon Education, Inc. quarterly/annual Return On Equity history and growth rate from 2011 to 2023.
  • Grand Canyon Education, Inc. Return On Equity for the quarter ending June 30, 2024 was 30.4 %, a 1.54% increase year-over-year.
  • Grand Canyon Education, Inc. annual Return On Equity for 2023 was 30.7 %, a 5.58% increase from 2022.
  • Grand Canyon Education, Inc. annual Return On Equity for 2022 was 29.1 %, a 55.6% increase from 2021.
  • Grand Canyon Education, Inc. annual Return On Equity for 2021 was 18.7 %, a 9.5% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 30.7 +1.62 +5.58% Jan 1, 2023 Dec 31, 2023
2022 29.1 +10.4 +55.6% Jan 1, 2022 Dec 31, 2022
2021 18.7 +1.62 +9.5% Jan 1, 2021 Dec 31, 2021
2020 17.1 -2.05 -10.7% Jan 1, 2020 Dec 31, 2020
2019 19.1 -1.24 -6.1% Jan 1, 2019 Dec 31, 2019
2018 20.3 -2.25 -9.96% Jan 1, 2018 Dec 31, 2018
2017 22.6 +1.48 +7.01% Jan 1, 2017 Dec 31, 2017
2016 21.1 -2.3 -9.83% Jan 1, 2016 Dec 31, 2016
2015 23.4 -2.77 -10.6% Jan 1, 2015 Dec 31, 2015
2014 26.2 -3.25 -11% Jan 1, 2014 Dec 31, 2014
2013 29.4 -3.98 -11.9% Jan 1, 2013 Dec 31, 2013
2012 33.4 -2.35 -6.57% Jan 1, 2012 Dec 31, 2012
2011 35.8 Jan 1, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.