Return On Equity ratio Analysis of Dril-Quip Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Poor ROE
0.0479
Period Ending - Dec-22
Poor ROE
0.051
Growth
-5.43 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-2.48
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-2.33
ROE Analysis of Dril-Quip Inc
| ROE Ratio of Dril-Quip Inc with value of -2.48 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Dril-Quip Inc with value of -2.33 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of DRQ has fallen by -5.43 % Compared to previous Financial Year. |
| ROE Ratio with value of 0.158 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio with value of -14.27 was lowest in Year Dec-21 in last Five Years. |
| Latest ROE Ratio with value of 0.0479 is Greater than Average ROE of -3.39 in last five years. |
| ROE of Dril-Quip Inc is negative because of poor net profit in Trailing Twelve Months ended on Mar-24. |
Other ROE Related Info of DRQ that may interest you.
Dril-Quip Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DRQ | 17.71 | 17.57 | 0.797 % | Oil & Gas Equipment & Services |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Dril-Quip Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 0.0479 | 0.051 | -14.27 | -2.95 | 0.158 | -8.73 | -7.77 |
| Change | -5.43 % | 100.35 % | -382.97 % | -1973.29 % | 101.81 % | -12.29 % | -213.13 % |
FY Chart of Return On Equity of Dril-Quip Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)