What is ROE for Global Industrial in the forth quarter 2023?
Global Industrial Company achieved a return on average equity (ROE) of
29.76 % in its forth quarter 2023, this is above GIC's average return on equity of 25.93%.
Global Industrial Company shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $238 million
ROE decreased relative to the period ending , due to the decline in net income.
Within the
Broadcasting Media & Cable TV industry Global Industrial Company achieved the highest return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
270, from total ROE ranking in the third quarter 2023 at
353.
What is ROE?