Published on 2 Oct 2022 on Simply Wall St. via Yahoo Finance
With its stock down 16% over the past month, it is easy to disregard Veritiv (NYSE:VRTV). However, stock prices are usually driven by a company’s financial performance over the long term, which in this case looks quite promising. Particularly, we will be paying attention to Veritiv's ROE today.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
See our latest analysis for Veritiv