Great Lakes Dredge & Dock Overview
Valuation check: GLDD's ROE is 20.06%, above the Real Estate sector average of 11.59%.
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+ Follow20.06%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Great Lakes Dredge & Dock posts a ROE of 20.06%. That is above the Real Estate sector average of 11.59%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Real Estate stocks, a ROE near 11.59% is typical. Great Lakes Dredge & Dock's 20.06% is higher that level. That is roughly 73.1% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Great Lakes Dredge & Dock'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 20.06%; use YoY and peer views to separate noise from signal.
Context for GLDD's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.59%), and (3) consistency with growth and profitability. This page covers the first two; Great Lakes Dredge & Dock's other metric pages and overview cover the third.
Judging Great Lakes Dredge & Dock against Real Estate peers is usually better than using a market-wide rule of thumb. Business models inside Real Estate are more comparable, which makes gaps in ROE easier to interpret. Start with 20.06% here, then scan peer and history charts to see if the gap is persistent.
