What is ROE for Spar Group Inc in the third quarter 2023?
Spar Group Inc achieved a return on average equity (ROE) of
13.65 % in its third quarter 2023, this is above SGRP's average return on equity of 12.12%.
Spar Group Inc shareholder's equity over the 12 months ending in its third quarter 2023 are valued at $39 million
While the company's net income was fading, Spar Group Inc was able to improve its ROE compared to the second quarter 2023.
Within the
Professional Services industry 33 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1027, from total ROE ranking in the second quarter 2023 at
1140.
What is ROE?