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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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Lumentum Holdings Inc. quarterly/annual Return On Equity history and growth rate from 2016 to 2023.
- Lumentum Holdings Inc. Return On Equity for the quarter ending March 30, 2024 was -27.7 %, a 1122% decline year-over-year.
- Lumentum Holdings Inc. annual Return On Equity for 2023 was -8.83 %, a 186% decline from 2022.
- Lumentum Holdings Inc. annual Return On Equity for 2022 was 10.2 %, a 49.3% decline from 2021.
- Lumentum Holdings Inc. annual Return On Equity for 2021 was 20.2 %.
Return On Equity, Annual (% [USD])
Return On Equity, YoY Annual Growth (%)