What is ROE for Schrodinger Inc in the forth quarter 2023?
Schrodinger Inc achieved a return on average equity (ROE) of
7.04 % in its forth quarter 2023, this is above SDGR's average return on equity of -9.29%.
Schrodinger Inc shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $578 million
ROE fell compared to the third quarter 2023, despite the net income growth of % from the third quarter 2023.
Within the
Major Pharmaceutical Preparations industry 26 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1036, from total ROE ranking in the third quarter 2023 at
1597.
What is ROE?