Return On Equity ratio Analysis of Grand Canyon Education Inc - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Very Good ROE
28.55
Period Ending - Dec-22
Very Good ROE
28.96
Growth
-1.43 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
31.09
Most recent Quarter ROE
Period Ending - Mar-24
Very Good ROE
8.96
ROE Analysis of Grand Canyon Education Inc
ROE Ratio of Grand Canyon Education Inc with value of 31.09 means its generates profits efficiently by using its Shareholders Fund. |
ROE Ratio of LOPE has fallen by -1.43 % Compared to previous Financial Year. |
ROE Ratio with value of 28.96 was highest in Year Dec-22 in last Five Years. |
ROE Ratio with value of 16.34 was lowest in Year Dec-20 in last Five Years. |
Latest ROE Ratio with value of 28.55 is Greater than Average ROE of 23.34 in last five years. |
Other ROE Related Info of LOPE that may interest you.
Grand Canyon Education Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
LOPE | 137.58 | 139.06 | 1.06 % | Education & Training 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
No Significant Profitability |
FY - Historical Return On Equity of Grand Canyon Education Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 28.55 | 28.96 | 24.91 | 16.34 | 17.96 | 18.87 | 20.62 |
Change | -1.43 % | 16.26 % | 52.49 % | -9.01 % | -4.85 % | -8.49 % | 7.43 % |
FY Chart of Return On Equity of Grand Canyon Education Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)