Grupo Tmm Sab Return on Equity (ROE) Growth & History (GTMAY)
Grupo Tmm Sab's return on equity was 5.70% for fiscal 2024.
View full Grupo Tmm Sab company overviewGrupo Tmm Sab annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 5.70% | +4.87 pp |
| 2023 | 2023-12-31 | 0.83% | +0.78 pp |
| 2022 | 2022-12-31 | 0.05% | +12.49 pp |
| 2021 | 2021-12-31 | −12.44% | +5.16 pp |
| 2020 | 2020-12-31 | −17.60% | −19.00 pp |
| 2019 | 2019-12-31 | 1.41% | +0.29 pp |
| 2018 | 2018-12-31 | 1.11% | −85.86 pp |
| 2017 | 2017-12-31 | 86.97% | +163.21 pp |
| 2016 | 2016-12-31 | −76.23% | — |
Grupo Tmm Sab return on equity trends
Over the last five fiscal years, Grupo Tmm Sab's return on equity increased from 1.41% to 5.70%, a change of +4.30 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 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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