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+ Follow2.38%
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, IRIG shows a ROE of 2.38%. 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%. Integrated Drilling Equipment Holdings is at 2.38%, which is lower that average. That is roughly 79.6% below the sector mean. Use the comparison chart on this page to see how IRIG stacks up against individual peers as well.
Check the historical chart to see whether IRIG's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Integrated Drilling Equipment Holdings with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Integrated Drilling Equipment Holdings'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 2.38%) with ownership activity and broader fundamentals.