-
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
-
Ardmore Shipping Corp quarterly/annual Return On Equity history and growth rate from 2015 to 2023.
- Ardmore Shipping Corp Return On Equity for the quarter ending September 30, 2024 was 26.1 %, a 10% decline year-over-year.
- Ardmore Shipping Corp annual Return On Equity for 2023 was 22.8 %, a 38% decline from 2022.
- Ardmore Shipping Corp annual Return On Equity for 2022 was 36.7 %.
- Ardmore Shipping Corp annual Return On Equity for 2021 was -12.1 %, a 571% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)