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Stock impact report

Taking A Look At Berry Global Group, Inc.'s (NYSE:BERY) ROE [Yahoo! Finance]

Berry Global Group, Inc. (BERY) 
Last berry global group, inc. earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.berryglobal.com
Company Research Source: Yahoo! Finance
NYSE:BERY Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. How Is ROE Calculated? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Berry Global Group is: 16% = US$554m ÷ US$3.4b (Based on the trailing twelve months to June 2024). The 'return' is the yearly profit. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.16 in profit. Does Berry Global Group Have A Good Return On Equity? By comparing a company's ROE with its industry average, we can get a quick measure of how good it is. However, this method is only useful as a rough check, because companies do differ quite a bit within the same industry classifica Show less Read more
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