Zurn Return On Equity from 2010 to 2024

ZWS Stock  USD 39.93  0.58  1.47%   
Zurn Elkay Return On Equity yearly trend continues to be comparatively 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 Zurn Elkay Water 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
0.07031445
Current Value
0.0738
Quarterly Volatility
0.43807999
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zurn Elkay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zurn Elkay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.6 M, Interest Expense of 75.3 M or Total Revenue of 977.7 M, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0093 or PTB Ratio of 1.78. Zurn financial statements analysis is a perfect complement when working with Zurn Elkay Valuation or Volatility modules.
  
Check out the analysis of Zurn Elkay Correlation against competitors.

Latest Zurn Elkay's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Zurn Elkay Water over the last few years. Return on Equity is the amount of Zurn Elkay Water net income returned as a percentage of Zurn Elkay equity. Return on equity measures Zurn Elkay profitability by revealing how much profit Zurn Elkay Water 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. Zurn Elkay's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zurn Elkay's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.085210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Zurn Return On Equity Regression Statistics

Arithmetic Mean(0.05)
Geometric Mean0.09
Coefficient Of Variation(964.48)
Mean Deviation0.24
Median0.06
Standard Deviation0.44
Sample Variance0.19
Range1.9254
R-Value0.52
Mean Square Error0.15
R-Squared0.27
Significance0.05
Slope0.05
Total Sum of Squares2.69

Zurn Return On Equity History

2024 0.0738
2023 0.0703
2022 0.0382
2021 0.39
2020 0.0244
2018 0.0279
2017 0.0626

About Zurn Elkay Financial Statements

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

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Additional Tools for Zurn Stock Analysis

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