Tortoise Pipeline & Energy Fund (TTP) has a ROE of 28.03%, above the sector sector average of -5.93%.
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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.
As of the most recent data, TTP shows a ROE of 28.03%. That is above the sector sector average of -5.93%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about -5.93%. Tortoise Pipeline & Energy Fund is at 28.03%, which is higher that average. That is roughly 572.5% above the sector mean. Use the comparison chart on this page to see how TTP stacks up against individual peers as well.
Check the historical chart to see whether TTP's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Tortoise Pipeline & Energy Fund with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Tortoise Pipeline & Energy Fund'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 28.03%) with ownership activity and broader fundamentals.