-
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
-
Laser Photonics Corp quarterly/annual Return On Equity history and growth rate from Q4 2020 to Q2 2024.
- Laser Photonics Corp Return On Equity for the quarter ending June 30, 2024 was -21.8 %, a 37.1% increase year-over-year.
- Laser Photonics Corp annual Return On Equity for 2023 was -21.8 %, a 6.97% increase from 2022.
- Laser Photonics Corp annual Return On Equity for 2022 was -23.4 %, a 324% decline from 2021.
- Laser Photonics Corp annual Return On Equity for 2021 was 10.4 %, a 1623% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)