Ribbon Communications 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
Ribbon Communications Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Ribbon Communications Inc. Return On Equity for the quarter ending September 30, 2024 was -12.8 %, a 14.1% decline year-over-year.
  • Ribbon Communications Inc. annual Return On Equity for 2023 was -14.5 %, a 28.4% increase from 2022.
  • Ribbon Communications Inc. annual Return On Equity for 2022 was -20.3 %, a 29.8% increase from 2021.
  • Ribbon Communications Inc. annual Return On Equity for 2021 was -28.9 %, a 291% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -14.5 +5.77 +28.4% Jan 1, 2023 Dec 31, 2023
2022 -20.3 +8.6 +29.8% Jan 1, 2022 Dec 31, 2022
2021 -28.9 -44 -291% Jan 1, 2021 Dec 31, 2021
2020 15.1 +37.6 Jan 1, 2020 Dec 31, 2020
2019 -22.4 -9.26 -70.3% Jan 1, 2019 Dec 31, 2019
2018 -13.2 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.