ADVANCED DRAINAGE SYSTEMS, INC. Annual Return On Equity in % from 2014 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
Advanced Drainage Systems, Inc. quarterly/annual Return On Equity history and growth rate from 2014 to 2023.
  • Advanced Drainage Systems, Inc. Return On Equity for the quarter ending September 30, 2024 was 39.8 %, a 20.5% decline year-over-year.
  • Advanced Drainage Systems, Inc. annual Return On Equity for 2023 was 52.8 %, a 15.7% decline from 2022.
  • Advanced Drainage Systems, Inc. annual Return On Equity for 2022 was 62.6 %, a 69.7% increase from 2021.
  • Advanced Drainage Systems, Inc. annual Return On Equity for 2021 was 36.9 %, a 25.7% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 52.8 -9.8 -15.7% Apr 1, 2023 Mar 31, 2024
2022 62.6 +25.7 +69.7% Apr 1, 2022 Mar 31, 2023
2021 36.9 -12.8 -25.7% Apr 1, 2021 Mar 31, 2022
2020 49.6 +99.9 Apr 1, 2020 Mar 31, 2021
2019 -50.3 -76.1 -295% Apr 1, 2019 Mar 31, 2020
2018 25.8 -0.14 -0.54% Apr 1, 2018 Mar 31, 2019
2017 26 -4.9 -15.9% Apr 1, 2017 Mar 31, 2018
2016 30.8 -83 -72.9% Apr 1, 2016 Mar 31, 2017
2015 114 +112 +4844% Apr 1, 2015 Mar 31, 2016
2014 2.3 Apr 1, 2014 Mar 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.