CareMax Return On Equity from 2010 to 2024

CMAX Stock  USD 0.69  0.03  4.17%   
CareMax Return On Equity yearly trend continues to be fairly 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 CareMax 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
(11.12)
Current Value
(10.57)
Quarterly Volatility
4.09426066
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CareMax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CareMax's main balance sheet or income statement drivers, such as Interest Expense of 57.2 M, Minority Interest of 66.4 K or Depreciation And Amortization of 41.3 M, as well as many indicators such as Price To Sales Ratio of 0.0705, Dividend Yield of 0.0174 or PTB Ratio of 0.86. CareMax financial statements analysis is a perfect complement when working with CareMax Valuation or Volatility modules.
  
Check out the analysis of CareMax Correlation against competitors.
For more information on how to buy CareMax Stock please use our How to Invest in CareMax guide.

Latest CareMax's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of CareMax over the last few years. Return on Equity is the amount of CareMax net income returned as a percentage of CareMax equity. Return on equity measures CareMax profitability by revealing how much profit CareMax 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. CareMax's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CareMax's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -3.2810 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

CareMax Return On Equity Regression Statistics

Arithmetic Mean(0.80)
Geometric Mean0.78
Coefficient Of Variation(513.20)
Mean Deviation2.68
Median0.86
Standard Deviation4.09
Sample Variance16.76
Range12.2878
R-Value(0.62)
Mean Square Error11.08
R-Squared0.39
Significance0.01
Slope(0.57)
Total Sum of Squares234.68

CareMax Return On Equity History

2024 -10.57
2023 -11.12
2022 -0.061
2021 -0.0132
2020 0.88
2019 1.17

About CareMax Financial Statements

CareMax investors use historical fundamental indicators, such as CareMax's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in CareMax. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(11.12)(10.57)

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Additional Tools for CareMax Stock Analysis

When running CareMax's price analysis, check to measure CareMax'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 CareMax is operating at the current time. Most of CareMax's value examination focuses on studying past and present price action to predict the probability of CareMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareMax's price. Additionally, you may evaluate how the addition of CareMax to your portfolios can decrease your overall portfolio volatility.