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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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Progress Acquisition Corp. quarterly/annual Return On Equity history and growth rate for 2021.
- Progress Acquisition Corp. Return On Equity for the quarter ending September 30, 2022 was -22.9 %, a 57.2% increase year-over-year.
Return On Equity, Annual (%)