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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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ESAB Corp quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
- ESAB Corp Return On Equity for the quarter ending March 29, 2024 was 14.5 %, a 2.35% decline year-over-year.
- ESAB Corp annual Return On Equity for 2023 was 13.3 %, a 4.67% decline from 2022.
- ESAB Corp annual Return On Equity for 2022 was 13.9 %, a 49.1% increase from 2021.
Return On Equity, Annual (% [USD])
Return On Equity, YoY Annual Growth (%)