Magic Software Enterprises annual return on equity
2010
2011
2012
2013
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2015
2016
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2019
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2021
2022
2023
2024
Magic Software Enterprises Return on Equity (ROE) Growth & History (RMTHF)
Magic Software Enterprises's return on equity was 15.94% for fiscal 2024.
View full Magic Software Enterprises company overviewMagic Software Enterprises annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 15.94% | −0.13 pp |
| 2023 | 2023-12-31 | 16.07% | −1.45 pp |
| 2022 | 2022-12-31 | 17.52% | +6.36 pp |
| 2021 | 2021-12-31 | 11.16% | +1.25 pp |
| 2020 | 2020-12-31 | 9.91% | +1.67 pp |
| 2019 | 2019-12-31 | 8.24% | −0.51 pp |
| 2018 | 2018-12-31 | 8.75% | +1.16 pp |
| 2017 | 2017-12-31 | 7.60% | +0.28 pp |
| 2016 | 2016-12-31 | 7.32% | −1.30 pp |
| 2015 | 2015-12-31 | 8.61% | −1.30 pp |
| 2014 | 2014-12-31 | 9.91% | −3.00 pp |
| 2013 | 2013-12-31 | 12.91% | −1.60 pp |
| 2012 | 2012-12-31 | 14.52% | −0.99 pp |
| 2011 | 2011-12-31 | 15.51% | +2.67 pp |
| 2010 | 2010-12-31 | 12.84% | — |
Magic Software Enterprises return on equity trends
Over the last five fiscal years, Magic Software Enterprises's return on equity increased from 8.24% to 15.94%, a change of +7.70 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 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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