Galaxy Gaming Return on Equity (ROE) Growth & History (GLXZ)

Galaxy Gaming's return on equity was 18.85% for fiscal 2018.

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Galaxy Gaming annual return on equity history

Galaxy Gaming annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20182018-12-3118.85%+19.08 pp
20172017-12-31−0.23%−48.32 pp
20162016-12-3148.09%+28.52 pp
20152015-12-3119.57%+18.28 pp
20142014-12-311.29%−58.92 pp
20132013-12-3160.21%−73.24 pp
20122012-12-31133.45%

Galaxy Gaming return on equity trends

Over the last five fiscal years, Galaxy Gaming's return on equity decreased from 60.21% to 18.85%, a change of −41.36 percentage points. The latest reported quarter, Q1 2019, shows 5.89%.

About the metric

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.

Calculation and source

How return on equity is calculated

TickerStat calculates ROE as SEC-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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