Axis Bank (AXISBANK.NS) Return on Equity (ROE)

Price: $1085.6
Market Cap: $3.36T
Avg Volume: 8.87M
Country: IN
Industry: Banks - Regional
Sector: Financial Services
Beta: 0.96
52W Range: $933.5-1339.65
Website: Axis Bank

Return on Equity (ROE) Summary

Axis Bank's ROE measures the return generated on shareholders' equity:

  • Annual: 16.80%
  • Quarterly: 3.76%
  • TTM: 16.73%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

Other important metrics to assess Axis Bank's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 1.62%
    • Quarterly: -2.58%
    • TTM: -3.08%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 1.74%
    • Quarterly: 0.43%
    • TTM: 1.79%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 41.62%
    • Quarterly: 32.23%
    • TTM: 23.85%

These metrics provide insights into Axis Bank's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROE

16.80%

Quarterly ROE

3.76%

TTM ROE

16.73%

Axis Bank Historical ROE
16.80%16.80%13.44%13.44%10.08%10.08%6.72%6.72%3.36%3.36%0.00%0.00%ROE201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
41.75%41.75%34.37%34.37%26.99%26.99%19.60%19.60%12.22%12.22%4.84%4.84%-2.54%-2.54%ROIC201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
1.74%1.74%1.39%1.39%1.04%1.04%0.70%0.70%0.35%0.35%0.00%0.00%ROA201620162017201720182018201920192020202020212021202220222023202320242024

Axis Bank Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROE ROIC ROA Profit Margin
2024 16.80% 1.62% 1.74% 41.62%
2023 8.34% -2.54% 0.80% 17.24%
2022 11.94% 34.37% 1.18% 27.58%
2021 6.95% 18.49% 0.71% 16.60%
2020 2.15% 1.69% 0.20% 4.59%
2019 7.43% 7.78% 0.62% 14.75%
2018 0.71% 3.30% 0.06% 2.97%
2017 7.01% 11.87% 0.65% 21.16%
2016 15.59% 15.90% 1.57% 35.83%
2015 16.57% 12.84% 1.59% 35.65%

Related Metrics

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