Mister Return On Equity from 2010 to 2024

MCW Stock  USD 8.00  0.09  1.11%   
Mister Car Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.08 in 2024. Return On Equity is a measure of the profitability of Mister Car Wash in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.08757042
Current Value
0.0832
Quarterly Volatility
0.93562414
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mister Car financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mister Car's main balance sheet or income statement drivers, such as Tax Provision of 24.1 M, Interest Income of 50.9 M or Interest Expense of 39.6 M, as well as many indicators such as Price To Sales Ratio of 2.75, Dividend Yield of 0.0259 or PTB Ratio of 2.79. Mister financial statements analysis is a perfect complement when working with Mister Car Valuation or Volatility modules.
  
Check out the analysis of Mister Car Correlation against competitors.

Latest Mister Car's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Mister Car Wash over the last few years. Return on Equity is the amount of Mister Car Wash net income returned as a percentage of Mister Car equity. Return on equity measures Mister Car profitability by revealing how much profit Mister Car Wash generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Mister Car's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mister Car's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.078510 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Mister Return On Equity Regression Statistics

Arithmetic Mean0.25
Coefficient Of Variation373.12
Mean Deviation0.45
Median(0.01)
Standard Deviation0.94
Sample Variance0.88
Range3.6614
R-Value0.22
Mean Square Error0.90
R-Squared0.05
Significance0.43
Slope0.05
Total Sum of Squares12.26

Mister Return On Equity History

2024 0.0832
2023 0.0876
2022 0.14
2021 -0.0335
2020 3.63

About Mister Car Financial Statements

Mister Car investors use historical fundamental indicators, such as Mister Car's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mister Car. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.09  0.08 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Mister Stock Analysis

When running Mister Car's price analysis, check to measure Mister Car's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mister Car is operating at the current time. Most of Mister Car's value examination focuses on studying past and present price action to predict the probability of Mister Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mister Car's price. Additionally, you may evaluate how the addition of Mister Car to your portfolios can decrease your overall portfolio volatility.