Tecnoglass Inc. Annual Return On Equity in % from 2017 to 2023

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
Tecnoglass Inc. quarterly/annual Return On Equity history and growth rate from 2017 to 2023.
  • Tecnoglass Inc. Return On Equity for the quarter ending June 30, 2024 was 26.5 %, a 49.5% decline year-over-year.
  • Tecnoglass Inc. annual Return On Equity for 2023 was 37.6 %, a 25.8% decline from 2022.
  • Tecnoglass Inc. annual Return On Equity for 2022 was 50.7 %, a 66% increase from 2021.
  • Tecnoglass Inc. annual Return On Equity for 2021 was 30.5 %, a 120% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 37.6 -13.1 -25.8% Jan 1, 2023 Dec 31, 2023
2022 50.7 +20.2 +66% Jan 1, 2022 Dec 31, 2022
2021 30.5 +16.6 +120% Jan 1, 2021 Dec 31, 2021
2020 13.9 +0.04 +0.29% Jan 1, 2020 Dec 31, 2020
2019 13.9 +7.46 +117% Jan 1, 2019 Dec 31, 2019
2018 6.4 +1.85 +40.6% Jan 1, 2018 Dec 31, 2018
2017 4.56 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.