Published on 19 Nov 2023 on Simply Wall St. via Yahoo Finance
Boasting A 19% Return On Equity, Is LSB Industries, Inc. (NYSE:LXU) A Top Quality Stock?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. We'll use ROE to examine LSB Industries, Inc. (NYSE:LXU), by way of a worked example.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
Check out our latest analysis for LSB Industries