EXACT Return On Equity from 2010 to 2024

EXAS Stock  USD 55.14  2.23  4.21%   
EXACT Sciences Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to -0.07 in 2024. Return On Equity is a measure of the profitability of EXACT Sciences 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
(0.06)
Current Value
(0.07)
Quarterly Volatility
0.15740951
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EXACT Sciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EXACT Sciences' main balance sheet or income statement drivers, such as Interest Expense of 25.6 M, Other Operating Expenses of 2.9 B or Research Development of 447.2 M, as well as many indicators such as Price To Sales Ratio of 5.06, Dividend Yield of 0.0 or PTB Ratio of 4.47. EXACT financial statements analysis is a perfect complement when working with EXACT Sciences Valuation or Volatility modules.
  
Check out the analysis of EXACT Sciences Correlation against competitors.
For more information on how to buy EXACT Stock please use our How to Invest in EXACT Sciences guide.

Latest EXACT Sciences' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of EXACT Sciences over the last few years. Return on Equity is the amount of EXACT Sciences net income returned as a percentage of EXACT Sciences equity. Return on equity measures EXACT Sciences profitability by revealing how much profit EXACT Sciences 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. EXACT Sciences' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EXACT Sciences' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.067610 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

EXACT Return On Equity Regression Statistics

Arithmetic Mean(0.28)
Coefficient Of Variation(55.43)
Mean Deviation0.13
Median(0.30)
Standard Deviation0.16
Sample Variance0.02
Range0.495
R-Value0.76
Mean Square Error0.01
R-Squared0.57
Significance0
Slope0.03
Total Sum of Squares0.35

EXACT Return On Equity History

2024 -0.0682
2023 -0.0649
2022 -0.2
2021 -0.18
2020 -0.3
2019 -0.0367
2018 -0.26

About EXACT Sciences Financial Statements

EXACT Sciences shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although EXACT Sciences investors may analyze each financial statement separately, they are all interrelated. The changes in EXACT Sciences' assets and liabilities, for example, are also reflected in the revenues and expenses on on EXACT Sciences' 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(0.06)(0.07)

Thematic Opportunities

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Additional Tools for EXACT Stock Analysis

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