What is ROE for Acacia Research in the second quarter 2024?
Acacia Research Corporation achieved a return on average equity (ROE) of
11.22 % in its second quarter 2024, this is above ACTG's average return on equity of -8.64%.
Acacia Research Corporation shareholder's equity over the 12 months ending in its second quarter 2024 are valued at $570 million
While the company's net income was fading, Acacia Research was able to improve its ROE compared to the first quarter 2024.
Within the
Conglomerates industry 3 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
847, from total ROE ranking in the first quarter 2024 at
1116.
What is ROE?
