Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2021', BLDE's return on equity was -13.8%, measuring profitability for shareholders. Industry average for Transportation Services in '2021' stood at -7.0%.
• In '2021', BLDE's return on equity was -13.8%, measuring profitability for shareholders. The figure remained stable compared to '2021'. Industry average for Transportation Services in '2021' stood at -7.0%. Industry average remained unchanged from prior year.
• In '2022', BLDE's return on equity was -9.6%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Transportation Services in '2022' stood at 8.3%. Industry average increased by 15.3% compared to previous year.
• In '2023', BLDE's return on equity was -22.0%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Transportation Services in '2023' stood at 19.4%. Industry average increased by 11.1% compared to previous year.
• In '2024', BLDE's return on equity was -12.0%, measuring profitability for shareholders. The increase since '2023' reflects strengthening financial performance. Industry average for Transportation Services in '2024' stood at -28.1%. Industry average declined by 47.5% from previous year.
Overall, BLDE's return on equity has been volatile but generally stable over the past 5 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.