HEES Return On Equity from 2010 to 2024

HEES Stock  USD 59.74  0.68  1.15%   
HE Equipment Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of HE Equipment Services in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.31685661
Current Value
0.33
Quarterly Volatility
0.18479901
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HE Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HE Equipment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 407.8 M, Interest Expense of 43.2 M or Selling General Administrative of 216.8 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0201 or PTB Ratio of 3.71. HEES financial statements analysis is a perfect complement when working with HE Equipment Valuation or Volatility modules.
  
Check out the analysis of HE Equipment Correlation against competitors.

Latest HE Equipment's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of HE Equipment Services over the last few years. Return on Equity is the amount of HE Equipment Services net income returned as a percentage of HE Equipment equity. Return on equity measures HE Equipment profitability by revealing how much profit HE Equipment Services generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. HE Equipment's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HE Equipment's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.2610 Years Trend
Very volatile
   Return On Equity   
       Timeline  

HEES Return On Equity Regression Statistics

Arithmetic Mean0.29
Coefficient Of Variation64.26
Mean Deviation0.13
Median0.31
Standard Deviation0.18
Sample Variance0.03
Range0.73
R-Value(0.07)
Mean Square Error0.04
R-Squared0
Significance0.80
Slope(0)
Total Sum of Squares0.48

HEES Return On Equity History

2023 0.32
2022 0.33
2021 0.2
2020 -0.14
2019 0.28
2018 0.3
2017 0.51

About HE Equipment Financial Statements

HE Equipment shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although HE Equipment investors may analyze each financial statement separately, they are all interrelated. The changes in HE Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses on on HE Equipment's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.32  0.33 

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Additional Tools for HEES Stock Analysis

When running HE Equipment's price analysis, check to measure HE Equipment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.