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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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New Relic, Inc. quarterly/annual Return On Equity history and growth rate from Q3 2015 to Q3 2023.
- New Relic, Inc. Return On Equity for the quarter ending September 30, 2023 was -40.6 %, a 39.1% increase year-over-year.
- New Relic, Inc. annual Return On Equity for 2022 was -53.3 %, a 13.4% increase from 2021.
- New Relic, Inc. annual Return On Equity for 2021 was -61.6 %, a 19.5% decline from 2020.
- New Relic, Inc. annual Return On Equity for 2020 was -51.5 %, a 88% decline from 2019.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)