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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Mayville Engineering Company, Inc. quarterly/annual Return On Equity history and growth rate from 2019 to 2023.
- Mayville Engineering Company, Inc. Return On Equity for the quarter ending September 30, 2024 was 5.2 %, a 45.3% increase year-over-year.
- Mayville Engineering Company, Inc. annual Return On Equity for 2023 was 3.46 %, a 60.9% decline from 2022.
- Mayville Engineering Company, Inc. annual Return On Equity for 2022 was 8.85 %.
- Mayville Engineering Company, Inc. annual Return On Equity for 2021 was -3.6 %, a 1.98% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)