Pangaea Logistics Solutions Ltd. 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
Pangaea Logistics Solutions Ltd. quarterly/annual Return On Equity history and growth rate from 2015 to 2023.
  • Pangaea Logistics Solutions Ltd. Return On Equity for the quarter ending June 30, 2024 was 9.41 %, a 15.8% decline year-over-year.
  • Pangaea Logistics Solutions Ltd. annual Return On Equity for 2023 was 7.15 %, a 68.9% decline from 2022.
  • Pangaea Logistics Solutions Ltd. annual Return On Equity for 2022 was 23 %, a 7.38% decline from 2021.
  • Pangaea Logistics Solutions Ltd. annual Return On Equity for 2021 was 24.8 %, a 414% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.15 -15.8 -68.9% Jan 1, 2023 Dec 31, 2023
2022 23 -1.83 -7.38% Jan 1, 2022 Dec 31, 2022
2021 24.8 +20 +414% Jan 1, 2021 Dec 31, 2021
2020 4.83 0 0% Jan 1, 2020 Dec 31, 2020
2019 4.83 -3.06 -38.8% Jan 1, 2019 Dec 31, 2019
2018 7.88 +3.93 +99.4% Jan 1, 2018 Dec 31, 2018
2017 3.95 -0.39 -8.99% Jan 1, 2017 Dec 31, 2017
2016 4.34 -4.53 -51.1% Jan 1, 2016 Dec 31, 2016
2015 8.87 Jan 1, 2015 Dec 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.