Return on Equity (ROE)
Understanding Return on Equity (ROE): Measuring Profitability
Return on Equity (ROE) is a financial metric that measures the profitability of a company in generating earnings from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits and is a key indicator of financial performance and efficiency.
ROE= (Net Income / Shareholders’ Equity) × 100
Suppose Company PQR has the following financial details:
Net Income: $500,000
Shareholders' Equity: $2,000,000
To calculate the Return on Equity:
Divide net income by shareholders' equity and multiply by 100: (500,000/2,000,000)×100=25%
An ROE of 25% indicates that Company PQR generates a return of 25 cents for every dollar of shareholders' equity. This suggests effective management and good use of equity to generate profits
Profitability Ratio