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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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Tourmaline Bio, Inc. quarterly/annual Return On Equity history and growth rate from Q4 2020 to Q2 2024.
- Tourmaline Bio, Inc. Return On Equity for the quarter ending June 30, 2024 was -19 %, a 28.2% increase year-over-year.
- Tourmaline Bio, Inc. annual Return On Equity for 2023 was -60.5 %, a 370% decline from 2022.
- Tourmaline Bio, Inc. annual Return On Equity for 2022 was -12.9 %, a 67.9% increase from 2021.
- Tourmaline Bio, Inc. annual Return On Equity for 2021 was -40.2 %, a 152% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)