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Stock impact report

Can KLX Energy Services Holdings, Inc.'s (NASDAQ:KLXE) ROE Continue To Surpass The Industry Average? [Yahoo! Finance]

KLX Energy Services Holdings, Inc. (KLXE) 
Last klx energy services holdings, inc. earnings: 3/9 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of KLX Energy Services Holdings, Inc. ( NASDAQ:KLXE 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. View our latest analysis for KLX Energy Services Holdings 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 KLX Energy Services Holdings is: 49% = US$19m ÷ US$39m (Based on the trailing twelve months to December 2023). The 'return' is the yearly profit. That means that for every $1 worth of shareholders' equity, the company generated $0.49 in profit. Does KLX Energy Services Holdi Show less Read more
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