Piedmont Lithium (PLL) Return on Equity (ROE)

Price: $6.485
Market Cap: $142.30M
Avg Volume: 293.87K
Country: US
Industry: Industrial Materials
Sector: Basic Materials
Beta: 0.226
52W Range: $6.26-17.66
Website: Piedmont Lithium

Return on Equity (ROE) Summary

Piedmont Lithium's ROE measures the return generated on shareholders' equity:

  • Annual: -4.80%
  • Quarterly: 6.58%
  • TTM: -5.76%

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 Piedmont Lithium's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: -19.06%
    • Quarterly: 4.13%
    • TTM: -19.06%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -4.51%
    • Quarterly: 5.76%
    • TTM: -4.51%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 0.00%
    • Quarterly: 48.57%
    • TTM: 0.00%

These metrics provide insights into Piedmont Lithium'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

-4.80%

Quarterly ROE

6.58%

TTM ROE

-5.76%

Piedmont Lithium Historical ROE
0.00%0.00%-100.00%-100.00%-200.00%-200.00%-300.00%-300.00%ROE2013201320142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical ROIC
10.93%10.93%-53.75%-53.75%-118.43%-118.43%-183.11%-183.11%ROIC2013201320142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical ROA
32.65%32.65%-26.51%-26.51%-85.66%-85.66%-144.81%-144.81%ROA2013201320142014201520152016201620172017201820182019201920202020202120212022202220232023

Piedmont Lithium Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2022.

Year ROE ROIC ROA Profit Margin
2022 -4.80% -19.06% -4.51% 0.00%
2021 -11.08% -10.93% -10.64% 0.00%
2020 -211.74% -183.11% -144.81% 0.00%
2018 -164.12% -165.01% -123.60% 0.00%
2017 -82.33% -82.33% -71.72% 0.00%
2016 -20.66% -20.66% -19.98% 0.00%
2015 -50.28% -50.28% -49.10% 0.00%
2014 -87.75% -107.92% -80.21% 0.00%
2013 -44.08% -44.08% -41.95% 0.00%
2012 -21.79% -21.79% -21.35% 0.00%

Related Metrics

Explore detailed financial metrics and analysis for PLL.