What is ROE for Cooper Tire And Rubber Co in the first quarter 2021?
Cooper Tire and Rubber Co achieved a return on average equity (ROE) of
13.18 % in its first quarter 2021, this is above CTB's average return on equity of 12.74%.
Cooper Tire And Rubber Co shareholder's equity over the 12 months ending in its first quarter 2021 are valued at $1,345 million
While the company's net income was fading, Cooper Tire And Rubber Co was able to improve its ROE compared to the forth quarter 2020.
Within the
Tire Manufacturing industry Cooper Tire and Rubber Co achieved the highest return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1087, from total ROE ranking in the forth quarter 2020 at
1103.
What is ROE?