What is ROE for Granite Construction Incorporated in the forth quarter 2023?
Granite Construction Incorporated achieved a return on average equity (ROE) of
3 % in its forth quarter 2023, this is above GVA's average return on equity of 1.5%.
Granite Construction Incorporated shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $987 million
While the company's net income was fading, Granite Construction Incorporated was able to improve its ROE compared to the third quarter 2023.
Within the
Construction Services industry 37 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
811, from total ROE ranking in the third quarter 2023 at
2095.
What is ROE?