TechCom, Inc. Annual Return On Equity in % from 2019 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
TechCom, Inc. quarterly/annual Return On Equity history and growth rate from 2019 to 2024.
  • TechCom, Inc. Return On Equity for the quarter ending December 31, 2024 was 22.3 %, a 49.1% decline year-over-year.
  • TechCom, Inc. annual Return On Equity for 2024 was 22.3 %, a 49.1% decline from 2023.
  • TechCom, Inc. annual Return On Equity for 2023 was 43.8 %, a 59.5% decline from 2022.
  • TechCom, Inc. annual Return On Equity for 2022 was 108 %, a 89.1% increase from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 22.3 -21.5 -49.1% Jan 1, 2024 Dec 31, 2024
2023 43.8 -64.3 -59.5% Jan 1, 2023 Dec 31, 2023
2022 108 +50.9 +89.1% Jan 1, 2022 Dec 31, 2022
2021 57.2 +6.1 +11.9% Jan 1, 2021 Dec 31, 2021
2020 51.1 -16.1 -24% Jan 1, 2020 Dec 31, 2020
2019 67.2 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.