Cactus, Inc. Annual Return On Equity in % from 2018 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
Cactus, Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Cactus, Inc. Return On Equity for the quarter ending September 30, 2024 was 16.6 %, a 1.43% decline year-over-year.
  • Cactus, Inc. annual Return On Equity for 2023 was 17.1 %, a 2.7% increase from 2022.
  • Cactus, Inc. annual Return On Equity for 2022 was 16.7 %, a 93.7% increase from 2021.
  • Cactus, Inc. annual Return On Equity for 2021 was 8.61 %, a 36.7% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 17.1 +0.45 +2.7% Jan 1, 2023 Dec 31, 2023
2022 16.7 +8.06 +93.7% Jan 1, 2022 Dec 31, 2022
2021 8.61 +2.31 +36.7% Jan 1, 2021 Dec 31, 2021
2020 6.3 -12 -65.5% Jan 1, 2020 Dec 31, 2020
2019 18.3 +0.73 +4.17% Jan 1, 2019 Dec 31, 2019
2018 17.5 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.