SmileDirectClub, Inc. Annual Return On Equity in % from 2020 to 2022

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
SmileDirectClub, Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2022.
  • SmileDirectClub, Inc. Return On Equity for the quarter ending June 30, 2023 was 20.2 %, a 67.4% decline year-over-year.
  • SmileDirectClub, Inc. annual Return On Equity for 2022 was 29.6 %, a 95.3% decline from 2021.
  • SmileDirectClub, Inc. annual Return On Equity for 2021 was 623 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 29.6 -593 -95.3% Jan 1, 2022 Dec 31, 2022
2021 623 +650 Jan 1, 2021 Dec 31, 2021
2020 -27 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.