ALTA EQUIPMENT GROUP 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
Alta Equipment Group Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Alta Equipment Group Inc. Return On Equity for the quarter ending September 30, 2024 was -42.1 %, a 691% decline year-over-year.
  • Alta Equipment Group Inc. annual Return On Equity for 2023 was 6.17 %, a 8.32% decline from 2022.
  • Alta Equipment Group Inc. annual Return On Equity for 2022 was 6.73 %.
  • Alta Equipment Group Inc. annual Return On Equity for 2021 was -14.9 %, a 20% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 6.17 -0.56 -8.32% Jan 1, 2023 Dec 31, 2023
2022 6.73 +21.7 Jan 1, 2022 Dec 31, 2022
2021 -14.9 +3.74 +20% Jan 1, 2021 Dec 31, 2021
2020 -18.7 -693 -103% Jan 1, 2020 Dec 31, 2020
2019 674 +674 Jan 1, 2019 Dec 31, 2019
2018 -0.04* Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.