Nuveen Select Tax-Free Income Portfolio (NXP) has a ROE of 4.36%, above the sector sector average of -5.68%.
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+ Follow4.36%
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, NXP shows a ROE of 4.36%. That is above the sector sector average of -5.68%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about -5.68%. Nuveen Select Tax-Free Income Portfolio is at 4.36%, which is higher that average. That is roughly 176.8% above the sector mean. Use the comparison chart on this page to see how NXP stacks up against individual peers as well.
Check the historical chart to see whether NXP's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Nuveen Select Tax-Free Income Portfolio with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Nuveen Select Tax-Free Income Portfolio'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 4.36%) with ownership activity and broader fundamentals.