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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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Steel Dynamics Inc quarterly/annual Return On Equity history and growth rate from Q1 2011 to Q2 2024.
- Steel Dynamics Inc Return On Equity for the quarter ending June 30, 2024 was 22.9 %.
- Steel Dynamics Inc annual Return On Equity for 2023 was 28.9 %, a 44.3% decline from 2022.
- Steel Dynamics Inc annual Return On Equity for 2022 was 51.8 %, a 15.4% decline from 2021.
Return On Equity, Quarterly (%)