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+ Follow0.24%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, CNLPM shows a ROE of 0.24%. That is below the sector sector average of 11.64%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about 11.64%. The Connecticut Light and Power Company is at 0.24%, which is lower that average. That is roughly 98.0% below the sector mean. Use the comparison chart on this page to see how CNLPM stacks up against individual peers as well.
Check the historical chart to see whether CNLPM's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare The Connecticut Light and Power Company with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has The Connecticut Light and Power Company's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 0.24%) with ownership activity and broader fundamentals.