Omnitek Engineering Return on Equity (ROE) Growth & History (OMTK)

Omnitek Engineering's return on equity was −163.94% for fiscal 2018.

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Omnitek Engineering annual return on equity history

Omnitek Engineering annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20182018-12-31−163.94%−46.05 pp
20172017-12-31−117.89%−59.17 pp
20162016-12-31−58.72%−12.50 pp
20152015-12-31−46.22%+9.68 pp
20142014-12-31−55.90%+83.81 pp
20132013-12-31−139.71%+40.84 pp
20122012-12-31−180.55%−76.19 pp
20112011-12-31−104.37%

Omnitek Engineering return on equity trends

Over the last five fiscal years, Omnitek Engineering's return on equity decreased from −139.71% to −163.94%, a change of −24.23 percentage points. The latest reported quarter, Q1 2019, shows −194.55%.

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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