Middlesex Water Co Ret. on equity
What is the Ret. on equity of Middlesex Water Co?
The Ret. on equity of Middlesex Water Co. is 8.69%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Utilities sector on NASDAQ compared to Middlesex Water Co
What does Middlesex Water Co do?
middlesex water company (nasdaq:msex) provides a full range of regulated and non-regulated water, wastewater utility and related services in parts of new jersey, delaware and pennsylvania. middlesex water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes. through its comprehensive suite of services including its latest offering -- turnkey renewable energy services, the middlesex water family of companies provide customers, small system owners, developers and municipalities with practical water and wastewater solutions that enhance quality of life and serve as the framework for economic development.
Companies with ret. on equity similar to Middlesex Water Co
- Easton Investments has Ret. on equity of 8.67%
- Guaranty Bancshares, (TX) has Ret. on equity of 8.67%
- Beeks Cloud Plc has Ret. on equity of 8.68%
- Finsbury Food Plc has Ret. on equity of 8.68%
- Keurig Dr Pepper Inc has Ret. on equity of 8.68%
- Keurig Dr Pepper has Ret. on equity of 8.68%
- Middlesex Water Co has Ret. on equity of 8.69%
- Whirlpool has Ret. on equity of 8.69%
- Whirlpool has Ret. on equity of 8.69%
- State Bank of India has Ret. on equity of 8.69%
- Ador Fontech has Ret. on equity of 8.69%
- Eastgroup Properties has Ret. on equity of 8.69%
- Mexico Fund Inc has Ret. on equity of 8.70%