Cactus ROE - Return on Equity 2016-2024 | WHD
- Cactus average return on equity for 2023 was 16.97, a 25.7% decline from 2022.
- Cactus average return on equity for 2022 was 13.5, a 108.66% increase from 2021.
- Cactus average return on equity for 2021 was 6.47, a 39.19% increase from 2020.
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.