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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Ribbon Communications Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2024.
- Ribbon Communications Inc. Return On Equity for the quarter ending March 31, 2024 was -13.1 %, a 4.58% increase year-over-year.
- Ribbon Communications Inc. annual Return On Equity for 2023 was -14.5 %, a 28.4% increase from 2022.
- Ribbon Communications Inc. annual Return On Equity for 2022 was -20.3 %, a 29.8% increase from 2021.
- Ribbon Communications Inc. annual Return On Equity for 2021 was -28.9 %, a 291% decline from 2020.
Return On Equity, Quarterly (% [USD])
Return On Equity, YoY Quarterly Growth (%)