Nike Ret. on equity
What is the Ret. on equity of Nike?
The Ret. on equity of Nike, Inc. is 40.16%
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 Consumer Discretionary sector on NYSE compared to Nike
What does Nike do?
Nike, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area.
Companies with ret. on equity similar to Nike
- Acura Pharmaceuticals has Ret. on equity of 40.00%
- Deepak Nitrite has Ret. on equity of 40.00%
- MBIA has Ret. on equity of 40.04%
- Kone Oyj has Ret. on equity of 40.06%
- Yincheng Life Service Co Ltd has Ret. on equity of 40.09%
- Keystone Law plc has Ret. on equity of 40.10%
- Nike has Ret. on equity of 40.16%
- Rohit Ferro-Tech has Ret. on equity of 40.17%
- Deckers Outdoor has Ret. on equity of 40.17%
- Unilever NV has Ret. on equity of 40.22%
- Kingsgate Consolidated has Ret. on equity of 40.23%
- Luckin Coffee has Ret. on equity of 40.23%
- Cargojet has Ret. on equity of 40.24%