Published on 29 Feb 2024 on Simply Wall St. via Yahoo Finance
Hewlett Packard Enterprise (NYSE:HPE) has had a rough three months with its share price down 12%. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. Specifically, we decided to study Hewlett Packard Enterprise's ROE in this article.
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 other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
View our latest analysis for Hewlett Packard Enterprise