What is the return on equity (ROE)?

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What is the return on equity (ROE)?

The return on equity (ROE) is a financial ratio that measures the profitability and efficiency of a company by calculating the net income generated as a percentage of the shareholders' equity. It is calculated by dividing the net income by the average shareholders' equity and is expressed as a percentage. ROE is an important indicator of a company's ability to generate profits from the investments made by its shareholders.