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Alamo Group Inc
NYSE:ALG

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Alamo Group Inc
NYSE:ALG
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Price: 202.34 USD -1.23% Market Closed
Updated: Apr 20, 2024

ROE
Return on Equity

15.9%
Current
13%
Average
7.5%
Industry
Positive for the last year
15.9%
Positive average
13%
Better than average
Better than industry value

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
15.9%
=
Net Income
136.2m
/
Equity
877.5m

ROE Across Competitors

ROE Comparison
Alamo Group Inc Competitors

Country US
Market Cap 2.4B USD
ROE
16%
Country US
Market Cap 177.1B USD
ROE
58%
Country US
Market Cap 58.2B USD
ROE
32%
Country SE
Market Cap 569.8B SEK
ROE
29%
Country US
Market Cap 40.8B USD
ROE
8%
Country DE
Market Cap 35.1B EUR
ROE
18%
Country JP
Market Cap 4.3T JPY
ROE
6%
Country JP
Market Cap 4.1T JPY
ROE
15%
Country CN
Market Cap 189.8B CNY
ROE
7%
Country US
Market Cap 25.6B USD
ROE
8%
Country CN
Market Cap 174.9B CNY
ROE
3%

Profitability Report

View the profitability report to see the full profitability analysis for Alamo Group Inc.

See Also

Discover More
What is 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
15.9%
=
Net Income
136.2m
/
Equity
877.5m
What is the ROE of Alamo Group Inc?

Based on Alamo Group Inc's most recent financial statements, the company has ROE of 15.9%.