American States Water Co Ret. on equity
What is the Ret. on equity of American States Water Co?
The Ret. on equity of American States Water Co. is 13.45%
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 American States Water Co
What does American States Water Co do?
about the company: american states water company (awr) is the parent company of both golden state water company (gswc) and american states utility services, inc. (asus). through golden state water company, awr provides water service to approximately 258,000 customers located within 75 communities throughout 10 counties in northern, coastal and southern california. the company also distributes electricity to approximately 24,000 customers in the city of big bear and surrounding areas in san bernardino county, california through the services of bear valley electric services (bves). through its contracted services subsidiary, american states utility services, inc. (asus), the company provides operations, maintenance and construction management services for water and wastewater systems located on military bases throughout the country through 50-year privatization contracts with the u.s. government. american states water company has paid dividends to shareholders every year since 1931, incr
Companies with ret. on equity similar to American States Water Co
- Commercial Metals Co has Ret. on equity of 13.44%
- Sundaram Finance has Ret. on equity of 13.44%
- Murata Manufacturing Co has Ret. on equity of 13.44%
- Thermo Fisher Scientific has Ret. on equity of 13.45%
- Farmers National Banc has Ret. on equity of 13.45%
- Symrise AG has Ret. on equity of 13.45%
- American States Water Co has Ret. on equity of 13.45%
- On AG has Ret. on equity of 13.45%
- Stratec SE has Ret. on equity of 13.45%
- Stratec SE has Ret. on equity of 13.45%
- JPMorgan American Investment Trust plc has Ret. on equity of 13.46%
- Sensus Healthcare Inc has Ret. on equity of 13.46%
- Myers Industries has Ret. on equity of 13.46%