Published on 25 May 2024 on Simply Wall St. via Yahoo Finance
Is Microsoft Corporation's (NASDAQ:MSFT) Latest Stock Performance A Reflection Of Its Financial...
Microsoft (NASDAQ:MSFT) has had a great run on the share market with its stock up by a significant 5.2% over the last month. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Microsoft's ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.