Inrad Optics (PHPG) Return on Equity ROE from the first quarter 2024 to first quarter 2023 and annually, average high and low, overall ranking from Mar 31 2024 to Mar 31 2023 - CSIMarket
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Inrad Optics, Inc.  (PHPG)

Inrad Optics's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Inrad Optics in the first quarter 2024?
Inrad Optics, Inc. achieved a return on average equity (ROE) of 59.08 % in its first quarter 2024, this is above PHPG's average return on equity of 0%.
Inrad Optics, Inc. shareholder's equity over the 12 months ending in its first quarter 2024 are valued at $6 million

While the company's net income was fading, Inrad Optics was able to improve its ROE compared to the fourth quarter 2023.

Within the Scientific & Technical Instruments industry Inrad Optics, Inc. achieved the highest return on equity. While the total ranking for ROE unchanged, relative to the fourth quarter 2023 at no. .

What is ROE?




Return On Equity (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Equity Change 94.84 % 78.53 % 49.06 % -41.37 % -
Y / Y Net Income Change 968.96 % 2756.9 % 6031.62 % - 9.32 %
Net Income (TTM) in Millions 4 3 2 1 0
Return On Equity (TTM) 59.08 % 52.35 % 35.39 % 21.43 % 3.03 %
PHPG's Total Ranking # # # # #
Equity (TTM) in Millions 8 7 5 5 4
Seq. Equity Change 15.45 % 22.34 % 16.17 % 18.74 % 5.79 %
Seq. Net Income Change -15.67 % 61.68 % 2.54 % 664.59 % 125.37 %

Return On Equity Company Ranking
Within: No.
Industry #
Sector #
Overall #

Return On Equity Statistics
High Average Low
0 %
0 %
0 %
 





PHPG Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2011)
2011


Total Equity in Millions 7 4 8 0 0
Y / Y Equity Change 78.53 % -53.32 % - - -
Net Income in Millions 3 0 0 0 0
Y / Y Net Income Change 1648.62 % -7.37 % - - -
Return On Equity 40.75 % 4.16 % 2.1 % - -





Annual Roe Comment
In 2023 ROE improved to 40.75 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Scientific & Technical Instruments Industry Roe Trends and Statistics
Technology Sector Return On Equity Statistics
PHPG's' Return on Equity at Yahoo Finance
PHPG's Roe Ratio versus Scientific & Technical Instruments Industry, Technology Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for PHPG's Competitors
Subscribers only: Roe for Inrad Optics's Suppliers
Subscribers only: Return On Equity for PHPG's Customers




Companies with similar Return On Equity at Mar 31 2024, within Technology Sector ROE
Apple Inc   155.18 %
Kaltura Inc   145.07 %
Gartner Inc   124.96 %
Nvidia Corp  111.45 %
Netapp Inc   99.90 %
Automatic Data Processing Inc   97.89 %
Palo Alto Networks Inc  96.60 %
Kla Corporation  87.55 %
Manhattan Associates Inc   85.28 %
Commvault Systems Inc  82.62 %
Tianci International Inc   81.91 %
Autodesk Inc   59.49 %
Agilysys Inc   59.22 %
Jabil Inc  55.90 %
Applovin Corporation  51.62 %
Qualys Inc   47.28 %
Bentley Systems Incorporated  44.61 %
Applied Materials Inc  44.28 %
Microsoft Corporation  38.89 %
Qualcomm Inc  37.99 %
A10 Networks Inc   37.80 %
Super Micro Computer Inc   37.45 %
Rambus Inc  36.99 %
International Business Machines Corporation  35.81 %
Texas Instruments Incorporated  35.56 %
Blackline Inc   34.55 %
Lattice Semiconductor Corp  33.85 %
Paycom Software Inc   33.66 %
Arista Networks inc   33.36 %
Healthcare Triangle Inc   33.07 %


Date modified: 2026-09-08T15:22:17+00:00



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