Published on 20 Jul 2024 on Simply Wall St. · via Yahoo Finance
Is DXP Enterprises, Inc.'s (NASDAQ:DXPE) 17% ROE Strong Compared To Its...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of DXP Enterprises, Inc. (NASDAQ:DXPE).
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.