Patten Energy Solutions Group (PTTN) has a ROE of 446.86%, above the Energy sector average of 15.17%.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Patten Energy Solutions Group posts a ROE of 446.86%. That is above the Energy sector average of 15.17%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Energy stocks, a ROE near 15.17% is typical. Patten Energy Solutions Group's 446.86% is higher that level. That is roughly 2846.5% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Patten Energy Solutions Group'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 446.86%; use YoY and peer views to separate noise from signal.
Context for PTTN's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 15.17%), and (3) consistency with growth and profitability. This page covers the first two; Patten Energy Solutions Group's other metric pages and overview cover the third.
Judging Patten Energy Solutions Group against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in ROE easier to interpret. Start with 446.86% here, then scan peer and history charts to see if the gap is persistent.