Iren SpA (IRE.MI) Return on Equity (ROE)

Price: $2.216
Market Cap: $2.84B
Avg Volume: 1.68M
Country: IT
Industry: Diversified Utilities
Sector: Utilities
Beta: 0.838
52W Range: $1.706-2.244
Website: Iren SpA

Return on Equity (ROE) Summary

Iren SpA's ROE measures the return generated on shareholders' equity:

  • Annual: 9.08%
  • Quarterly: 1.68%
  • TTM: 9.49%

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 Iren SpA's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 3.75%
    • Quarterly: 0.78%
    • TTM: 4.08%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 2.18%
    • Quarterly: 0.38%
    • TTM: 2.19%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 3.98%
    • Quarterly: 3.35%
    • TTM: 4.61%

These metrics provide insights into Iren SpA'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

9.08%

Quarterly ROE

1.68%

TTM ROE

9.49%

Iren SpA Historical ROE
11.79%11.79%9.44%9.44%7.08%7.08%4.72%4.72%2.36%2.36%0.00%0.00%ROE20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
5.13%5.13%4.11%4.11%3.08%3.08%2.05%2.05%1.03%1.03%0.00%0.00%ROIC20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
3.01%3.01%2.41%2.41%1.81%1.81%1.20%1.20%0.60%0.60%0.00%0.00%ROA20152015201620162017201720182018201920192020202020212021202220222023202320242024

Iren SpA Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROE ROIC ROA Profit Margin
2023 9.08% 3.75% 2.18% 3.98%
2022 8.23% 3.61% 1.93% 2.91%
2021 11.79% 4.37% 2.94% 6.18%
2020 10.00% 3.74% 2.50% 6.50%
2019 10.34% 4.25% 2.69% 5.58%
2018 11.08% 5.13% 2.83% 6.04%
2017 11.20% 4.52% 3.01% 6.45%
2016 8.89% 4.01% 2.23% 5.38%
2015 6.48% 3.47% 1.72% 3.87%
2014 4.87% 2.35% 1.24% 3.10%

Related Metrics

Explore detailed financial metrics and analysis for IRE.MI.