Jpmorgan Global Growth & Income annual return on equity
2023
2024
Jpmorgan Global Growth & Income Return on Equity (ROE) Growth & History (JGGI)
Jpmorgan Global Growth & Income's return on equity was 24.28% for fiscal 2024.
View full Jpmorgan Global Growth & Income company overviewJpmorgan Global Growth & Income annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-06-30 | 24.28% | +11.24 pp |
| 2023 | 2023-06-30 | 13.04% | — |
Jpmorgan Global Growth & Income return on equity trends
Between the periods ended 2023-06-30 and 2024-06-30, Jpmorgan Global Growth & Income's return on equity increased from 13.04% to 24.28%, a change of +11.24 percentage points.
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 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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