Catering International Et Services Return on Equity (ROE) Growth & History (CTRG)
Catering International Et Services's return on equity was 12.68% for fiscal 2021.
View full Catering International Et Services company overviewCatering International Et Services annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2021 | 2021-12-31 | 12.68% | +13.84 pp |
| 2020 | 2020-12-31 | −1.16% | — |
Catering International Et Services return on equity trends
Between the periods ended 2020-12-31 and 2021-12-31, Catering International Et Services's return on equity increased from −1.16% to 12.68%, a change of +13.84 percentage points.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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