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Sono Tek Corp  (SOTK)
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Sono Tek's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Sono Tek in the third quarter 2024?
Sono Tek Corp achieved a return on average equity (ROE) of 8.88 % in its third quarter 2024, this is above SOTK's average return on equity of 7.87%.
Sono Tek Corp shareholder's equity over the 12 months ending in its third quarter 2024 are valued at $15 million

ROE has advanced compared to 5.16% in the second quarter 2024, due to net income growth.

Within the Industrial Machinery and Components industry 44 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 904, from total ROE ranking in the second quarter 2024 at 1835.

What is ROE?



Return On Equity (Nov 30 2023)
III. Quarter
(Aug 31 2023)
II. Quarter
(May 31 2023)
I. Quarter
(Feb 28 2023)
IV. Quarter
(Nov 30 2022)
III. Quarter
Y / Y Equity Change 10.9 % 7 % 4.39 % 6.5 % -
Y / Y Net Income Change 557.94 % 233.87 % -82.53 % -89.66 % -69.49 %
Net Income (TTM) in Millions 1 1 0 1 1
Return On Equity (TTM) 8.88 % 5.16 % 2.64 % 4.42 % 8.36 %
SOTK's Total Ranking # 904 # 1835 # 48 # 1788 # 1444
Equity (TTM) in Millions 16 15 15 15 14
Seq. Equity Change 4.85 % 3.99 % 0.69 % 1.01 % 1.16 %
Seq. Net Income Change 27.51 % 913.51 % -15.56 % -39.71 % -35.3 %

Return On Equity Company Ranking
Within: No.
Industry # 45
Sector # 119
Overall # 904

Return On Equity Statistics
High Average Low
21.61 %
7.87 %
0.45 %
(Feb 28 2022)   (Nov 30 2016)





SOTK Annual Return On Equity (Feb 28 2023)
2023
(Feb 28 2022)
2022
(Feb 28 2021)
2021
(Feb 29 2020)
2020
(Feb 28 2019)
2019
Total Equity in Millions 15 14 11 10 9
Y / Y Equity Change 6.5 % 25.48 % 11.94 % 13.95 % 2.29 %
Net Income in Millions 1 3 1 1 0
Y / Y Net Income Change -74.99 % 126.89 % 1.19 % 585.35 % -56.12 %
Return On Equity 4.35 % 18.5 % 10.23 % 11.32 % 1.88 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 4.35 %, due to deterioration of net income.


More Return On Equity Ratios
Industrial Machinery and Components Industry Roe Trends and Statistics
Capital Goods Sector Return On Equity Statistics
SOTK's' Return on Equity at Yahoo Finance
SOTK's Roe Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for SOTK's Competitors
Return On Equity for Sono Tek's Suppliers
Roe for SOTK's Customers




Companies with similar Return On Equity at Nov 30 2023, within Capital Goods Sector ROE
Hudson Technologies Inc  24.41 %
Oil dri Corporation Of America  23.98 %
Graco Inc   23.79 %
Owens Corning  23.68 %
Powell Industries Inc   23.10 %
Standex International Corp  22.79 %
Energy Services Of America Corporation  22.74 %
Simpson Manufacturing Co inc   22.05 %
Sci Engineered Materials inc   21.64 %
Snap on Inc  21.38 %
D r Horton Inc   21.27 %
Pentair Plc  20.75 %
Tennant Co  20.47 %
Brookfield Business Partners l p   20.38 %
Mi Homes Inc   19.75 %
Nvent Electric Plc  19.30 %
Nordson Corporation  18.96 %
Championx Corp  18.89 %
Limbach Holdings Inc   18.87 %
Brady Corp  18.74 %
Huntington Ingalls Industries Inc   18.12 %
Miller Industries inc   17.97 %
Idex Corp  17.73 %
Eaton Corporation Plc  17.67 %
Itt Inc   17.20 %
Enerpac Tool Group Corp   17.15 %
Meritage Homes Corporation  17.03 %
Cavco Industries Inc   17.02 %
Taylor Devices Inc  17.01 %
Carrier Global Corporation  16.81 %


Date modified: 2024-01-17T11:19:38+00:00



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