Alta Equipment Group Inc
NYSE:ALTG
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
Alta Equipment Group Inc Competitors
Country | US |
Market Cap | 360.4m USD |
ROE |
4%
|
Country | JP |
Market Cap | 14.6T JPY |
ROE |
11%
|
Country | JP |
Market Cap | 11.3T JPY |
ROE |
15%
|
Country | JP |
Market Cap | 10T JPY |
ROE |
15%
|
Country | US |
Market Cap | 46.5B USD |
ROE |
66%
|
Country | US |
Market Cap | 46.4B USD |
ROE |
32%
|
Country | UK |
Market Cap | 34.9B GBP |
ROE |
35%
|
Country | IN |
Market Cap | 3.5T INR |
ROE |
10%
|
Country | US |
Market Cap | 39.2B USD |
ROE |
35%
|
Country | UK |
Market Cap | 26B GBP |
ROE |
26%
|
Country | JP |
Market Cap | 4.8T JPY |
ROE |
13%
|
Profitability Report
View the profitability report to see the full profitability analysis for Alta Equipment Group 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 Alta Equipment Group Inc's most recent financial statements, the company has ROE of 4.1%.