Optimum Communications Return on Equity (ROE) Growth & History (OPTU)

Optimum Communications's return on equity was 77.27% for fiscal 2020.

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Optimum Communications annual return on equity history

Optimum Communications annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20202020-12-3177.27%+72.60 pp
20192019-12-314.68%+4.27 pp
20182018-12-310.41%−39.23 pp
20172017-12-3139.64%

Optimum Communications return on equity trends

Between the periods ended 2017-12-31 and 2020-12-31, Optimum Communications's return on equity increased from 39.64% to 77.27%, a change of +37.63 percentage points. The latest reported quarter, Q4 2020, shows 58.55%.

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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