Medical Equipment Companies By Roe

Return On Equity
ROEEfficiencyMarket RiskExp Return
1MMM 3M Company
1.13
 0.03 
 1.40 
 0.04 
2DXCM DexCom Inc
0.32
 0.07 
 2.03 
 0.14 
3MSA MSA Safety
0.28
 0.00 
 1.26 
 0.00 
4RMD ResMed Inc
0.24
 0.03 
 1.72 
 0.05 
5GEHC GE HealthCare Technologies
0.22
(0.02)
 1.37 
(0.02)
6EW Edwards Lifesciences Corp
0.19
 0.06 
 1.57 
 0.09 
7SYK Stryker
0.19
 0.12 
 1.08 
 0.13 
8HAE Haemonetics
0.14
 0.12 
 2.22 
 0.27 
9ELMD Electromed
0.13
 0.34 
 2.84 
 0.98 
10STE STERIS plc
0.0927
(0.13)
 1.26 
(0.16)
11FONR Fonar
0.0917
(0.01)
 2.32 
(0.01)
12BSX Boston Scientific Corp
0.0892
 0.19 
 0.98 
 0.18 
13ZBH Zimmer Biomet Holdings
0.0871
(0.02)
 1.71 
(0.04)
14MDT Medtronic PLC
0.0795
(0.03)
 1.07 
(0.03)
15APT Alpha Pro Tech
0.0671
(0.05)
 1.95 
(0.11)
16SNN Smith Nephew SNATS
0.0584
(0.12)
 2.09 
(0.24)
17BDX Becton Dickinson and
0.0563
(0.11)
 1.18 
(0.12)
18ALC Alcon AG
0.0559
(0.10)
 1.21 
(0.12)
19TFX Teleflex Incorporated
0.0541
(0.16)
 2.23 
(0.36)
20DXR Daxor
0.0535
 0.06 
 3.18 
 0.18 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income. For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.