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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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GlobalTech Corp quarterly/annual Return On Equity history and growth rate from Q4 2022 to Q2 2024.
- GlobalTech Corp Return On Equity for the quarter ending June 30, 2024 was -59.7 %, a 0.18% decline year-over-year.
- GlobalTech Corp annual Return On Equity for 2023 was -54.7 %, a 29.9% decline from 2022.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)