What is ROE for Aerovironment Inc in the second quarter 2023?
Aerovironment Inc achieved a return on average equity (ROE) of
4.99 % in its second quarter 2023, this is above AVAV's average return on equity of 3.6%.
Aerovironment Inc shareholder's equity over the 12 months ending in its second quarter 2023 are valued at $649 million
While the company's net income was fading, Aerovironment Inc was able to improve its ROE compared to the first quarter 2023.
Within the
Aerospace & Defense industry 14 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1851, from total ROE ranking in the first quarter 2023 at
2160.
What is ROE?