NEXTIER OILFIELD SOLUTIONS INC. Annual Return On Equity in % from 2017 to 2022

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
Nextier Oilfield Solutions Inc. quarterly/annual Return On Equity history and growth rate from 2017 to 2022.
  • Nextier Oilfield Solutions Inc. Return On Equity for the quarter ending June 30, 2023 was 69.9 %, a 806% increase year-over-year.
  • Nextier Oilfield Solutions Inc. annual Return On Equity for 2022 was 45.6 %.
  • Nextier Oilfield Solutions Inc. annual Return On Equity for 2021 was -23.1 %, a 55% increase from 2020.
  • Nextier Oilfield Solutions Inc. annual Return On Equity for 2020 was -51.4 %, a 177% decline from 2019.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 45.6 +68.7 Jan 1, 2022 Dec 31, 2022
2021 -23.1 +28.3 +55% Jan 1, 2021 Dec 31, 2021
2020 -51.4 -32.9 -177% Jan 1, 2020 Dec 31, 2020
2019 -18.5 -30.3 -257% Jan 1, 2019 Dec 31, 2019
2018 11.8 +20.6 Jan 1, 2018 Dec 31, 2018
2017 -8.8 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.