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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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Pivotal Investment Corp III quarterly/annual Return On Equity history and growth rate from Q3 2021 to Q2 2023.
- Pivotal Investment Corp III Return On Equity for the quarter ending June 30, 2023 was -30 %, a 53.9% increase year-over-year.
- Pivotal Investment Corp III annual Return On Equity for 2022 was -98.3 %, a 1452% decline from 2021.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)