Published on 29 Oct 2023 on Simply Wall St. via Yahoo Finance
Did United Utilities Group PLC (LON:UU.) Use Debt To Deliver Its ROE Of 8.2%?
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 United Utilities Group PLC (LON:UU.), by way of a worked example.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
Check out our latest analysis for United Utilities Group