Psychemedics (PMD) Return on Equity (ROE)

Price: $2.67
Market Cap: $15.74M
Avg Volume: 42.86K
Country: US
Industry: Medical - Diagnostics & Research
Sector: Healthcare
Beta: 0.674
52W Range: $1.11-3.93
Website: Psychemedics

Return on Equity (ROE) Summary

Psychemedics's ROE measures the return generated on shareholders' equity:

  • Annual: -62.26%
  • Quarterly: -9.82%
  • TTM: -49.63%

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 Psychemedics's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: -39.35%
    • Quarterly: -7.48%
    • TTM: -42.34%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -33.70%
    • Quarterly: -5.44%
    • TTM: -30.45%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: -18.80%
    • Quarterly: -10.34%
    • TTM: -14.78%

These metrics provide insights into Psychemedics'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

-62.26%

Quarterly ROE

-9.82%

TTM ROE

-49.63%

Psychemedics Historical ROE
91.43%91.43%40.20%40.20%-11.03%-11.03%-62.26%-62.26%ROE20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
31.21%31.21%17.10%17.10%2.99%2.99%-11.12%-11.12%-25.23%-25.23%-39.35%-39.35%ROIC20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
26.68%26.68%14.60%14.60%2.53%2.53%-9.55%-9.55%-21.63%-21.63%-33.70%-33.70%ROA20152015201620162017201720182018201920192020202020212021202220222023202320242024

Psychemedics 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 -62.26% -39.35% -33.70% -18.80%
2022 -10.06% -7.34% -5.79% -4.29%
2021 -5.43% -15.36% -3.09% -2.67%
2020 -30.84% -16.76% -16.08% -18.07%
2019 9.17% 0.17% 5.60% 4.09%
2018 24.45% 21.49% 18.36% 10.74%
2017 32.87% 25.10% 23.09% 15.42%
2016 42.79% 31.21% 26.68% 17.13%
2015 12.95% 8.09% 6.76% 5.60%
2014 24.98% 14.83% 13.32% 10.98%

Related Metrics

Explore detailed financial metrics and analysis for PMD.