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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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Ares Acquisition Corp quarterly/annual Return On Equity history and growth rate from Q4 2021 to Q3 2023.
- Ares Acquisition Corp Return On Equity for the quarter ending September 30, 2023 was 14 %.
- Ares Acquisition Corp annual Return On Equity for 2022 was -41.8 %, a 81.6% decline from 2021.
- Ares Acquisition Corp annual Return On Equity for 2021 was -23 %, a 133% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)