Return on Equity (ROE)
Return on Equity (ROE) is a financial metric that measures a company's profitability by calculating the return it generates on shareholder equity. It is calculated by dividing net income by shareholder equity. ROE measures how efficiently a company is using shareholder funds to generate profits. A higher ROE is generally considered better, as it indicates that the company is generating more profits from each dollar of shareholder equity invested.
Additional Details
| Metric Name |
Type |
Default Period Type |
| roe |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
perc |
percentage |