Launching Superjoin for Finance, an Excel AI Agent built for Modeling & Analysis -> Learn More 🎉
Launching Superjoin for Finance, an Excel AI Agent built for Modeling & Analysis -> Learn More 🎉
Glossary
Glossary
Return on Equity (ROE)
Glossary
Return on Equity (ROE)
Definition
Measures how effectively a company uses its shareholders' equity to generate profits. It is calculated by dividing net income by shareholders' equity and is expressed as a percentage. A higher ROE indicates better financial performance and efficient use of equity (Corporate Finance Institute) (Nanonets) (Stock Analysis).
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