return on equity: meaning, definition, pronunciation and examples

C1
UK/rɪˌtɜːn ɒn ˈɛkwɪti/US/rɪˌtɝːn ɑːn ˈɛkwɪti/

Professional/Technical, Business/Finance

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Quick answer

What does “return on equity” mean?

A financial metric measuring the profitability of a company in relation to the shareholders' equity.

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Pronunciation

Definition

Meaning and Definition

A financial metric measuring the profitability of a company in relation to the shareholders' equity.

A performance ratio calculated as net income divided by shareholders' equity, indicating how effectively a company uses its owners' capital to generate profit.

Dialectal Variation

British vs American Usage

Differences

No significant lexical differences. The term is identical in both varieties of English. Pronunciations of 'equity' may vary slightly.

Connotations

Identical professional/financial connotations. No cultural differences in usage.

Frequency

Equally common in business and finance contexts in both the UK and US.

Grammar

How to Use “return on equity” in a Sentence

The company's return on equity is [ADJECTIVE/NUMBER].Investors closely watch [COMPANY'S] return on equity.To calculate return on equity, divide net income by shareholders' equity.

Vocabulary

Collocations

strong
calculate thehighlowimprovingdecliningaveragetargetsustainable
medium
impressivemeasuringboost theanalyse thebenchmark theindustry-leading
weak
goodbadsignificantcompany'sannualquarterly

Examples

Examples of “return on equity” in a Sentence

verb

British English

  • The firm aims to return on equity at a rate exceeding 15%. (rare verbal usage)
  • Management's strategy is to return more on the equity invested.

American English

  • The goal is to return on equity above the industry average. (rare)
  • They need to return a higher percentage on shareholder equity.

adverb

British English

  • The company performed well, return-on-equity-wise. (highly informal)

American English

  • The stock is attractive, especially return-on-equity-wise. (highly informal)

adjective

British English

  • The return-on-equity figure was disappointing.
  • We conducted a return-on-equity analysis.

American English

  • The return-on-equity metric is key.
  • Look at the return-on-equity calculation.

Usage

Meaning in Context

Business

Primary context. Used in reports, earnings calls, investor presentations, and financial analysis to assess corporate performance.

Academic

Used in finance, economics, and business management courses, textbooks, and research papers.

Everyday

Rarely used outside of personal investing or business discussions.

Technical

A core term in accounting, corporate finance, equity analysis, and value investing.

Vocabulary

Synonyms of “return on equity”

Strong

return on net worthfinancial efficiency ratio

Neutral

ROEreturn on shareholders' fundsprofitability ratio

Weak

performance measureprofit metricinvestment return

Vocabulary

Antonyms of “return on equity”

return on equity deteriorationequity destructionnegative shareholder return

Watch out

Common Mistakes When Using “return on equity”

  • Mispronouncing 'equity' as /ˈiːkwɪti/.
  • Confusing with 'return on assets' (ROA) or 'return on investment' (ROI).
  • Using it as a verb, e.g., 'The company return-on-equities well.' (Incorrect).

FAQ

Frequently Asked Questions

It varies by industry, but generally, a ROE above 15-20% is considered good, as it often exceeds the cost of equity. It must be compared to industry peers and historical averages.

ROE specifically uses shareholders' equity in the denominator, measuring return to owners. ROI is a broader term that can use any measure of investment (e.g., total project cost) in its calculation.

Yes, if the company reports a net loss. A negative ROE indicates the company is losing money relative to the capital provided by its shareholders.

It helps investors assess how efficiently management is using their invested capital to generate profits. A high and sustainable ROE is a key indicator of a potentially good investment.

A financial metric measuring the profitability of a company in relation to the shareholders' equity.

Return on equity is usually professional/technical, business/finance in register.

Return on equity: in British English it is pronounced /rɪˌtɜːn ɒn ˈɛkwɪti/, and in American English it is pronounced /rɪˌtɝːn ɑːn ˈɛkwɪti/. Tap the audio buttons above to hear it.

Phrases

Idioms & Phrases

  • None. It is a technical term, not an idiom.

Learning

Memory Aids

Mnemonic

Think of ROE as a scorecard for owners: Return (profit) On (from) Equity (the money they invested).

Conceptual Metaphor

PROFITABILITY IS A MEASURABLE YIELD (like a crop from planted capital).

Practice

Quiz

Fill in the gap
To attract investors, the startup needs to demonstrate a strong within three years.
Multiple Choice

What does 'return on equity' (ROE) primarily measure?