Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
Boasting A 69% Return On Equity, Is The Sherwin-Williams Company (NYSE:SHW) A Top Quality Stock?
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 The Sherwin-Williams Company (NYSE:SHW).
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.