BackFidelity Select Leisure Portfolio Overview
Fidelity Select Leisure Portfolio

Fidelity Select Leisure Portfolio Return on Equity

Fidelity Select Leisure Portfolio (FDLSX) has a ROE of -7.73%, below the sector sector average of 11.75%.

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ROE

-7.73%

Return on Equity

-7.73%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

ROE (Comparison Companies)

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ROE History

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ROE Comparison

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Fidelity Select Leisure Portfolio (FDLSX) FAQ

Fidelity Select Leisure Portfolio posts a ROE of -7.73%. That is below the sector sector average of 11.75%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For its sector stocks, a ROE near 11.75% is typical. Fidelity Select Leisure Portfolio's -7.73% is lower that level. That is roughly 165.7% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Fidelity Select Leisure Portfolio's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -7.73%; use YoY and peer views to separate noise from signal.

Context for FDLSX's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.75%), and (3) consistency with growth and profitability. This page covers the first two; Fidelity Select Leisure Portfolio's other metric pages and overview cover the third.