Southern Ret. on equity
What is the Ret. on equity of Southern?
The Ret. on equity of Southern Company is 13.31%
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 NYSE compared to Southern
What does Southern do?
Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.
Companies with ret. on equity similar to Southern
- CTI Logistics has Ret. on equity of 13.30%
- Franklin Duration Income Trust has Ret. on equity of 13.31%
- Akatsuki has Ret. on equity of 13.31%
- CESC has Ret. on equity of 13.31%
- Carborundum Universal has Ret. on equity of 13.31%
- Pacific Smiles has Ret. on equity of 13.31%
- Southern has Ret. on equity of 13.31%
- Geojit Services has Ret. on equity of 13.31%
- Greif Inc has Ret. on equity of 13.31%
- Sundaram-Clayton has Ret. on equity of 13.32%
- Textron has Ret. on equity of 13.32%
- Bedmutha Industries has Ret. on equity of 13.32%
- Som Distilleries & Breweries has Ret. on equity of 13.32%