Lumentum Holdings Inc. (LITE) Return On Equity % [USD] 2016 - 2023

Historical data

Taxonomy & unit
ratio: %
Description
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.
Summary
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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 -8.83 -19.1 -186% Jul 3, 2022 Jul 1, 2023
2022 10.2 -9.95 -49.3% Jul 4, 2021 Jul 2, 2022
2021 20.2 Jun 28, 2020 Jul 3, 2021
2019 9.78 +14.2 Jun 30, 2019 Jun 27, 2020
2018 -4.4 +15.1 +77.5% Jul 1, 2018 Jun 29, 2019
2017 -19.5 -21.5 -1104% Jul 3, 2016 Jul 1, 2017
2016 1.95 Jun 28, 2015 Jul 2, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.