What is ROE for Zimmer Biomet Holdings Inc in the third quarter 2023?
Zimmer Biomet Holdings Inc achieved a return on average equity (ROE) of
3.87 % in its third quarter 2023, which is below Zimmer Biomet Holdings Inc 's average return on equity, which stands at 4.52%.
ROE decreased relative to the period ending , due to the decline in net income.
Within the
Medical Equipment & Supplies industry 55 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
1955, from total ROE ranking in the second quarter 2023 at
1971.
What is ROE?