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Sono Tek Corp  (SOTK)
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Sono Tek's ROE per quarter

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


What is ROE for Sono Tek in the first quarter 2024?
Sono Tek Corp achieved a return on average equity (ROE) of 2.64 % in its first quarter 2024, which is below Sono Tek's average return on equity, which stands at 7.92%.

ROE decreased relative to the period ending , due to the decline in net income.

Within the Industrial Machinery and Components industry 57 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 48, from total ROE ranking in the forth quarter 2023 at 1788.

What is ROE?



Return On Equity (May 31 2023)
I. Quarter
(Feb 28 2023)
IV. Quarter
(Nov 30 2022)
III. Quarter
(Aug 31 2022)
II. Quarter
(May 31 2022)
I. Quarter
Y / Y Equity Change 4.39 % 6.5 % 14.96 % 17.01 % -
Y / Y Net Income Change -82.53 % -89.66 % -69.49 % -87.2 % -32.75 %
Net Income (TTM) in Millions 0 1 1 1 3
Return On Equity (TTM) 2.64 % 4.42 % 8.36 % 10.39 % 19.19 %
SOTK's Total Ranking # 48 # 1788 # 1444 # 0 # 941
Equity (TTM) in Millions 15 15 14 14 14
Seq. Equity Change 0.69 % 1.01 % 1.16 % 1.45 % 2.73 %
Seq. Net Income Change -15.56 % -39.71 % -35.3 % -46.96 % -50.02 %

Return On Equity Company Ranking
Within: No.
Industry # 58
Sector # 161
Overall # 48

Return On Equity Statistics
High Average Low
21.61 %
7.92 %
0.45 %
(Feb 28 2022)   (Nov 30 2016)


SOTK Annual Return On Equity (Feb 28 2023)
2023
(Feb 28 2022)
2022
(Feb 28 2021)
2021
(Feb 29 2020)
2020
(Feb 28 2019)
2019
Total Equity in Millions 15 14 11 10 9
Y / Y Equity Change 6.5 % 25.48 % 11.94 % 13.95 % 2.29 %
Net Income in Millions 1 3 1 1 0
Y / Y Net Income Change -74.99 % 126.89 % 1.19 % 585.35 % -56.12 %
Return On Equity 4.35 % 18.5 % 10.23 % 11.32 % 1.88 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 4.35 %, due to deterioration of net income.


More Return On Equity Ratios
Industrial Machinery and Components Industry Roe Trends and Statistics
Capital Goods Sector Return On Equity Statistics
SOTK's' Return on Equity at Yahoo Finance
SOTK's Roe Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for SOTK's Competitors
Return On Equity for Sono Tek's Suppliers
Roe for SOTK's Customers




Companies with similar Return On Equity at May 31 2023, within Capital Goods Sector ROE
Vse Corporation  7.08 %
Gencor Industries Inc   6.97 %
Xylem Inc   6.96 %
Construction Partners Inc   6.75 %
Playags Inc   6.73 %
Ameresco Inc   6.52 %
The Gorman rupp Company  6.51 %
Aecom  6.49 %
Hayward Holdings Inc   6.25 %
Columbus Mckinnon Corporation  6.02 %
Energy Recovery Inc   5.88 %
The Eastern Company  5.75 %
Acme United Corp  4.85 %
Ducommun Incorporated  4.42 %
L3harris Technologies Inc   4.36 %
Astec Industries Inc   3.86 %
Amtech Systems Inc   3.67 %
Ampco pittsburgh Corp  3.62 %
Zurn Elkay Water Solutions Corporation  3.27 %
Ultralife Corporation  2.90 %
Sono Tek Corp  2.64 %
Graham Corporation  2.38 %
Granite Construction Inc  2.32 %
Distribution Solutions Group Inc   2.05 %
Fluor Corporation  1.69 %
Cvd Equipment Corporation  1.59 %
Mistras Group inc   1.36 %
Chicago Rivet and Machine Co  1.22 %
Aerovironment Inc   1.03 %
Willdan Group inc   0.53 %


Date modified: 2023-07-14T08:08:58+00:00



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