What is ROE for Bel Fuse Inc in the forth quarter 2024?
Bel Fuse Inc achieved a return on average equity (ROE) of
13.75 % in its forth quarter 2024, this is above BELFB's average return on equity of 5.3%.
Bel Fuse Inc shareholder's equity over the 12 months ending in its forth quarter 2024 are valued at $358 million
ROE decreased relative to the period ending , due to the decline in net income.
Within the
Electric & Wiring Equipment industry 3 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2024 from
462 to
689.
What is ROE?