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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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NEXTIER OILFIELD SOLUTIONS INC. quarterly/annual Return On Equity history and change rate from Q3 2017 to Q2 2023.
- NEXTIER OILFIELD SOLUTIONS INC. Return On Equity for the quarter ending 30 Jun 2023 was 69.9 %, a 806% increase year-over-year.
- NEXTIER OILFIELD SOLUTIONS INC. annual Return On Equity for 2022 was 45.6 %.
- NEXTIER OILFIELD SOLUTIONS INC. annual Return On Equity for 2021 was -23.1 %, a 55% increase from 2020.
- NEXTIER OILFIELD SOLUTIONS INC. annual Return On Equity for 2020 was -51.4 %, a 177% decline from 2019.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Change (%)
Return On Equity, Annual (%)
Return On Equity, YoY Annual Change (%)