Transcanada Pipelines annual return on equity
2011
2012
2013
2014
2015
2016
2017
Transcanada Pipelines Return on Equity (ROE) Growth & History (TCPA)
Transcanada Pipelines's return on equity was 14.05% for fiscal 2017.
View full Transcanada Pipelines company overviewTranscanada Pipelines annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2017 | 2017-12-31 | 14.05% | +12.46 pp |
| 2016 | 2016-12-31 | 1.59% | +7.37 pp |
| 2015 | 2015-12-31 | −5.78% | −14.74 pp |
| 2014 | 2014-12-31 | 8.96% | −0.37 pp |
| 2013 | 2013-12-31 | 9.34% | +1.83 pp |
| 2012 | 2012-12-31 | 7.51% | −1.44 pp |
| 2011 | 2011-12-31 | 8.95% | — |
Transcanada Pipelines return on equity trends
Over the last five fiscal years, Transcanada Pipelines's return on equity increased from 7.51% to 14.05%, a change of +6.54 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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