Omnitek Engineering Return on Equity (ROE) Growth & History (OMTK)
Omnitek Engineering's return on equity was −163.94% for fiscal 2018.
View full Omnitek Engineering company overviewOmnitek Engineering annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2018 | 2018-12-31 | −163.94% | −46.05 pp |
| 2017 | 2017-12-31 | −117.89% | −59.17 pp |
| 2016 | 2016-12-31 | −58.72% | −12.50 pp |
| 2015 | 2015-12-31 | −46.22% | +9.68 pp |
| 2014 | 2014-12-31 | −55.90% | +83.81 pp |
| 2013 | 2013-12-31 | −139.71% | +40.84 pp |
| 2012 | 2012-12-31 | −180.55% | −76.19 pp |
| 2011 | 2011-12-31 | −104.37% | — |
Omnitek Engineering quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2019 | 2019-03-31 | −194.55% | −172.19 pp |
| Q4 2018 | 2018-12-31 | −89.91% | −21.86 pp |
| Q3 2018 | 2018-09-30 | −50.35% | −35.57 pp |
| Q2 2018 | 2018-06-30 | −20.98% | −4.44 pp |
| Q1 2018 | 2018-03-31 | −22.36% | −5.80 pp |
| Q4 2017 | 2017-12-31 | −68.05% | −53.86 pp |
| Q3 2017 | 2017-09-30 | −14.79% | −0.58 pp |
| Q2 2017 | 2017-06-30 | −16.53% | +1.52 pp |
| Q1 2017 | 2017-03-31 | −16.57% | −5.05 pp |
| Q4 2016 | 2016-12-31 | −14.19% | +2.90 pp |
| Q3 2016 | 2016-09-30 | −14.21% | −1.63 pp |
| Q2 2016 | 2016-06-30 | −18.06% | −10.77 pp |
| Q1 2016 | 2016-03-31 | −11.52% | −1.91 pp |
| Q4 2015 | 2015-12-31 | −17.09% | −1.95 pp |
| Q3 2015 | 2015-09-30 | −12.58% | +5.39 pp |
| Q2 2015 | 2015-06-30 | −7.29% | +6.22 pp |
| Q1 2015 | 2015-03-31 | −9.61% | +1.42 pp |
| Q4 2014 | 2014-12-31 | −15.14% | +31.07 pp |
| Q3 2014 | 2014-09-30 | −17.97% | +3.44 pp |
| Q2 2014 | 2014-06-30 | −13.51% | −5.95 pp |
| Q1 2014 | 2014-03-31 | −11.03% | −2.86 pp |
| Q4 2013 | 2013-12-31 | −46.21% | −44.63 pp |
| Q3 2013 | 2013-09-30 | −21.41% | −18.74 pp |
| Q2 2013 | 2013-06-30 | −7.57% | +28.42 pp |
| Q1 2013 | 2013-03-31 | −8.18% | +34.19 pp |
| Q4 2012 | 2012-12-31 | −1.58% | +28.63 pp |
| Q3 2012 | 2012-09-30 | −2.68% | +26.40 pp |
| Q2 2012 | 2012-06-30 | −35.98% | −12.25 pp |
| Q1 2012 | 2012-03-31 | −42.36% | — |
| Q4 2011 | 2011-12-31 | −30.21% | — |
| Q3 2011 | 2011-09-30 | −29.08% | — |
| Q2 2011 | 2011-06-30 | −23.73% | — |
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%.
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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