Praxis Precision Medicines, Inc. Annual Return On Equity in % from 2020 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
Praxis Precision Medicines, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Praxis Precision Medicines, Inc. Return On Equity for the quarter ending September 30, 2024 was -54.9 %, a 66.8% increase year-over-year.
  • Praxis Precision Medicines, Inc. annual Return On Equity for 2023 was -151 %, a 9.83% increase from 2022.
  • Praxis Precision Medicines, Inc. annual Return On Equity for 2022 was -167 %, a 187% decline from 2021.
  • Praxis Precision Medicines, Inc. annual Return On Equity for 2021 was -58.3 %, a 107% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -151 +16.5 +9.83% Jan 1, 2023 Dec 31, 2023
2022 -167 -109 -187% Jan 1, 2022 Dec 31, 2022
2021 -58.3 -865 -107% Jan 1, 2021 Dec 31, 2021
2020 807 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.