What is Payoneer Global Inc's ROI in the third quarter of 2024?
Payoneer Global Inc achieved a return on average invested assets (ROI) of
17.49 % in its third quarter of 2024, this is above PAYO's average return on investment of 5.71%.
Payoneer Global Inc invested over the 12 months ending in its third quarter of 2024 $743 million
ROI has improved compared to 14.11% in the second quarter of 2024, due to net income growth.
Within the
Services sector 20 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Sep 30 2024 quarter, so far to
151, from total ROI ranking in the second quarter of 2024 at
499.
Definition and Formula of Return on Investment
Return On Investment |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
Y / Y Investment Change TTM |
15.4 % |
16.48 % |
18.64 % |
17.39 % |
14.77 % |
Y / Y Net Income Change TTM |
131.47 % |
499.65 % |
- |
- |
- |
Investment (TTM) in Millions |
789 |
723 |
729 |
733 |
687 |
Return On Investment (TTM) |
17.49 % |
14.11 % |
16.22 % |
13.74 % |
8.72 % |
PAYO's Overall
Ranking |
# 151 |
# 499 |
# 310 |
# 508 |
# 917 |
Seq. Investment Change TTM |
3.55 % |
1.78 % |
3.79 % |
5.49 % |
4.52 % |
Seq. Net Income Change TTM |
28.4 % |
-11.48 % |
22.54 % |
66.19 % |
232.63 % |
Net Income (TTM) in Millions |
130 |
101 |
114 |
93 |
56 |