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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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SMG Industries Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2022.
- SMG Industries Inc. Return On Equity for the quarter ending September 30, 2023 was 45.8 %, a 28.2% decline year-over-year.
- SMG Industries Inc. annual Return On Equity for 2022 was 49.9 %, a 34.1% decline from 2021.
- SMG Industries Inc. annual Return On Equity for 2021 was 75.8 %, a 78.3% decline from 2020.
- SMG Industries Inc. annual Return On Equity for 2020 was 348 %, a 97.2% decline from 2019.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)