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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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OceanTech Acquisitions I Corp. quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
- OceanTech Acquisitions I Corp. Return On Equity for the quarter ending March 31, 2024 was 24.3 %, a 40.9% decline year-over-year.
- OceanTech Acquisitions I Corp. annual Return On Equity for 2023 was 21.1 %.
- OceanTech Acquisitions I Corp. annual Return On Equity for 2022 was -23.8 %, a 19.4% increase from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)