In Western Europe, the average return on equity (ROE) in the chemicals and resources sector was around 17 percent. As of January 2023, oil/gas (production and exploration) industry saw returns on equity of 44.1 percent, as compared to the oil/gas (distribution) which saw ROE of five percent.
Return on equity is an important measure of a company's profitability. ROE is calculated by taking the amount of net income returned as a percentage of the shareholders equity. Return on equity looks at how well a company’s management is using its assets to create profits.
Average return on equity (ROE) in the chemicals and resources sector in Western Europe from 2019 to 2023, by industry
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2019
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2021
2022
2023
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Western Europe.
Values are as of January each year.
A total of 617 companies were included in the calculation for 2023.
The source added the following information "Estimated by dividing the net income by the book value of equity. The source used cumulated values for both variables, for the sector, to estimate the sector ROE. If book value of equity is negative, this is not estimated. (For non-cash ROE, see Non-cash ROE)".
Figures for years 2019 to 2022 were previously published by the source.
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Leonard N. Stern School of Business. (January 5, 2023). Average return on equity (ROE) in the chemicals and resources sector in Western Europe from 2019 to 2023, by industry [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1043910/return-on-equity-in-the-chemicals-and-resources-sector-in-europe/
Leonard N. Stern School of Business. "Average return on equity (ROE) in the chemicals and resources sector in Western Europe from 2019 to 2023, by industry." Chart. January 5, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1043910/return-on-equity-in-the-chemicals-and-resources-sector-in-europe/
Leonard N. Stern School of Business. (2023). Average return on equity (ROE) in the chemicals and resources sector in Western Europe from 2019 to 2023, by industry. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1043910/return-on-equity-in-the-chemicals-and-resources-sector-in-europe/
Leonard N. Stern School of Business. "Average Return on Equity (Roe) in The Chemicals and Resources Sector in Western Europe from 2019 to 2023, by Industry." Statista, Statista Inc., 5 Jan 2023, https://www.statista.com/statistics/1043910/return-on-equity-in-the-chemicals-and-resources-sector-in-europe/
Leonard N. Stern School of Business, Average return on equity (ROE) in the chemicals and resources sector in Western Europe from 2019 to 2023, by industry Statista, https://www.statista.com/statistics/1043910/return-on-equity-in-the-chemicals-and-resources-sector-in-europe/ (last visited July 22, 2024)
Average return on equity (ROE) in the chemicals and resources sector in Western Europe from 2019 to 2023, by industry [Graph], Leonard N. Stern School of Business, January 5, 2023. [Online]. Available: https://www.statista.com/statistics/1043910/return-on-equity-in-the-chemicals-and-resources-sector-in-europe/