Published on 19 Mar 2024 on Simply Wall St. via Yahoo Finance
Is Chesapeake Utilities Corporation's (NYSE:CPK) ROE Of 7.0% Concerning?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, we'll look at ROE to gain a better understanding of Chesapeake Utilities Corporation (NYSE:CPK).
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.
See our latest analysis for Chesapeake Utilities