What is ROE for Verizon Communications Inc in the second quarter 2024?
Verizon Communications Inc achieved a return on average equity (ROE) of
12.16 % in its second quarter 2024, which is below Verizon Communications Inc 's average return on equity, which stands at 38.14%.
ROE decreased relative to the period ending , due to the decline in net income.
Within the
Communications Services industry 5 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
881, from total ROE ranking in the first quarter 2024 at
920.
What is ROE?
