VERITEC INC Annual Return On Equity in % from 2012 to 2024

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
Veritec Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2024.
  • Veritec Inc Return On Equity for the quarter ending September 30, 2024 was 11.8 %, a 18% decline year-over-year.
  • Veritec Inc annual Return On Equity for 2024 was 11.3 %, a 24.9% decline from 2023.
  • Veritec Inc annual Return On Equity for 2023 was 15.1 %, a 119% increase from 2022.
  • Veritec Inc annual Return On Equity for 2022 was 6.88 %, a 58.8% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 11.3 -3.74 -24.9% Jul 1, 2023 Jun 30, 2024
2023 15.1 +8.16 +119% Jul 1, 2022 Jun 30, 2023
2022 6.88 -9.81 -58.8% Jul 1, 2021 Jun 30, 2022
2021 16.7 +6.33 +61.1% Jul 1, 2020 Jun 30, 2021
2020 10.4 -6.63 -39% Jul 1, 2019 Jun 30, 2020
2019 17 +16.6 +4143% Jul 1, 2018 Jun 30, 2019
2018 0.4 -34 -98.8% Jul 1, 2017 Jun 30, 2018
2017 34.4 -0.9 -2.55% Jul 1, 2016 Jun 30, 2017
2016 35.3 +16.6 +88.7% Jul 1, 2015 Jun 30, 2016
2015 18.7 +25.3 Jul 1, 2014 Jun 30, 2015
2014 -6.64 -24 -138% Jul 1, 2013 Jun 30, 2014
2013 17.4 -4.36 -20% Jul 1, 2012 Jun 30, 2013
2012 21.8 Jul 1, 2011 Jun 30, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.