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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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Laredo Oil, Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2024.
- Laredo Oil, Inc. Return On Equity for the quarter ending May 31, 2025 was 27 %, a 0.04% decline year-over-year.
- Laredo Oil, Inc. annual Return On Equity for 2024 was 29.9 %, a 42.8% decline from 2023.
- Laredo Oil, Inc. annual Return On Equity for 2023 was 52.4 %, a 56.1% decline from 2022.
- Laredo Oil, Inc. annual Return On Equity for 2022 was 119 %, a 2666% increase from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)