ROE in the consumer goods and FMCG sector in Europe 2019-2023, by industry
In Western Europe, the average return on equity (ROE) in the consumer goods and FMCG sector was 13.3 percent. As of January 2023, companies in the apparel industry in Western Europe saw average returns on equity of 21.6 percent, as compared the shoe shoe firms which saw an ROE of 5.96 percent.
Return on equity is an important measure of a company's profitability. ROE is calculated by taking the amount of net income returned as a percentage of the shareholders equity. Return on equity looks at how well a company’s management is using its assets to create profits.
Return on equity is an important measure of a company's profitability. ROE is calculated by taking the amount of net income returned as a percentage of the shareholders equity. Return on equity looks at how well a company’s management is using its assets to create profits.
