Superior Drilling Products, Inc. Annual Return On Equity in % from 2015 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
Superior Drilling Products, Inc. quarterly/annual Return On Equity history and growth rate from 2015 to 2023.
  • Superior Drilling Products, Inc. Return On Equity for the quarter ending March 31, 2024 was 31.1 %, a 2.74% increase year-over-year.
  • Superior Drilling Products, Inc. annual Return On Equity for 2023 was 62.6 %, a 323% increase from 2022.
  • Superior Drilling Products, Inc. annual Return On Equity for 2022 was 14.8 %.
  • Superior Drilling Products, Inc. annual Return On Equity for 2021 was -12.9 %, a 78.7% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 62.6 +47.8 +323% Jan 1, 2023 Dec 31, 2023
2022 14.8 +27.7 Jan 1, 2022 Dec 31, 2022
2021 -12.9 +47.8 +78.7% Jan 1, 2021 Dec 31, 2021
2020 -60.7 -47.5 -360% Jan 1, 2020 Dec 31, 2020
2019 -13.2 -12.5 -1646% Jan 1, 2019 Dec 31, 2019
2018 -0.76 +67.8 +98.9% Jan 1, 2018 Dec 31, 2018
2017 -68.6 -2.97 -4.53% Jan 1, 2017 Dec 31, 2017
2016 -65.6 -6.25 -10.5% Jan 1, 2016 Dec 31, 2016
2015 -59.4 Jan 1, 2015 Dec 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.