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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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Open Lending Corp quarterly/annual Return On Equity history and growth rate from Q4 2019 to Q3 2024.
- Open Lending Corp Return On Equity for the quarter ending September 30, 2024 was 2.15 %, a 79.9% decline year-over-year.
- Open Lending Corp annual Return On Equity for 2023 was 10.5 %, a 67.2% decline from 2022.
- Open Lending Corp annual Return On Equity for 2022 was 31.8 %, a 76.9% decline from 2021.
- Open Lending Corp annual Return On Equity for 2021 was 138 %, a 153% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)