Otter Tail Ret. on equity
What is the Ret. on equity of Otter Tail?
The Ret. on equity of Otter Tail Corporation is 21.06%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Utilities sector on NASDAQ compared to Otter Tail
What does Otter Tail do?
with offices in fergus falls, minnesota, and fargo, north dakota, otter tail corporation is a growing company with over $1.2 billion in revenues and more than 4,000 employees across many industries. our diversified operations include an electric utility, manufacturing, health services, food ingredient processing, plastics, construction and transportation. the otter tail companies collectively serve customers within the united states and in canada.
Companies with ret. on equity similar to Otter Tail
- Maxim Power has Ret. on equity of 21.02%
- Hindustan Adhesives has Ret. on equity of 21.03%
- aurionPro Solutions has Ret. on equity of 21.04%
- Banswara Syntex has Ret. on equity of 21.04%
- 3i Infotech has Ret. on equity of 21.05%
- Lotus Bakeries NV has Ret. on equity of 21.05%
- Otter Tail has Ret. on equity of 21.06%
- S.A.L. Steel has Ret. on equity of 21.06%
- Bel Fuse has Ret. on equity of 21.06%
- Advanced Share Registry has Ret. on equity of 21.06%
- Limbach Inc has Ret. on equity of 21.06%
- DL has Ret. on equity of 21.06%
- Copart has Ret. on equity of 21.07%