ROE %

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Return on Equity is calculated as follows: Return on Equity (ROE) = Net Income / Total Shareholder Equity In the calculation of annual return on equity, the net income of the last fiscal year issued. The Total Shareholder Equity is from the end of year data. Strictly speaking, average Total Shareholder Equity should be used. In calculating the quarterly data, the result is multiplied by 4 to get annualized the rate. Return on equity is displayed in the 10-year financial page.