Advance Auto Parts Inc
NYSE:AAP
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
ROE Comparison
Advance Auto Parts Inc Competitors
Country | US |
Market Cap | 4.4B USD |
ROE |
1%
|
Country | US |
Market Cap | 62.3B USD |
ROE |
-168%
|
Country | US |
Market Cap | 51B USD |
ROE |
-58%
|
Country | ZA |
Market Cap | 13.8B Zac |
ROE |
18%
|
Country | US |
Market Cap | 13.4B USD |
ROE |
-327%
|
Country | US |
Market Cap | 10.9B USD |
ROE |
8%
|
Country | TW |
Market Cap | 339.3B TWD |
ROE |
42%
|
Country | US |
Market Cap | 10.3B USD |
ROE |
24%
|
Country | ZA |
Market Cap | 9B Zac |
ROE |
10%
|
Country | US |
Market Cap | 8.8B USD |
ROE |
76%
|
Country | US |
Market Cap | 7.1B USD |
ROE |
18%
|
Profitability Report
View the profitability report to see the full profitability analysis for Advance Auto Parts Inc.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Advance Auto Parts Inc's most recent financial statements, the company has ROE of 1.1%.