Elastic ROE - Return on Equity 2018-2025 | ESTC
- Elastic average return on equity for 2024 was 11.27, a 121.4% decline from 2023.
- Elastic average return on equity for 2023 was -52.67, a 6.78% decline from 2022.
- Elastic average return on equity for 2022 was -56.5, a 71.42% decline from 2021.
Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.