Return on Equity (ROE) Summary

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

• Annual: -62.26%
• Quarterly: -14.41%
• TTM: -69.81%

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: -10.88%
  • TTM: -59.71%
• ROA (Return on Assets) - measures the return generated on the company's assets:
  • Annual: -31.30%
  • Quarterly: -8.18%
  • TTM: -45.08%
• Profit Margin - indicates the profitability of the company relative to its revenue:
  • Annual: -18.80%
  • Quarterly: -17.49%
  • TTM: -21.93%

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.

Psychemedics Historical ROE

Historical ROIC

Historical ROA