TMC the metals company Inc. TMC Return on equity

Return on equity at other companies

Freeport-McMoRan Inc.FCX

21.8%+2.1pp

Perpetua Resources Corp.PPTA

-30.7%+16.0pp

Trilogy MetalsTMQ

-36.1%-46.1pp

NioCorp Developments Ltd.NB

-24.1%—

MP MaterialsMP

-7.8%—

U.S. Gold Corp.USAU

-56%-15.8pp

FAQ

What is TMC the metals company Inc.'s return on equity?

TMC the metals company Inc. (TMC) reported return on equity of -390.9% in Q1 2024.

How has TMC the metals company Inc.'s return on equity changed year-over-year?

TMC the metals company Inc.'s return on equity decreased by 45.2% year-over-year, from -269.2% to -390.9%.

What is the long-term trend for TMC the metals company Inc.'s return on equity?

Over 3 years (2020 to 2023), TMC the metals company Inc.'s return on equity has grown at a 28.7% compound annual growth rate (CAGR), from -131.9% to -281.5%.

What does return on equity mean?

Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.