Published on 3 Apr 2024 on Simply Wall St. via Yahoo Finance
Should You Be Concerned About National Grid plc's (LON:NG.) ROE?
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 National Grid plc (LON:NG.), 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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
Check out our latest analysis for National Grid