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', ESGLW's return on equity was -11.4%, measuring profitability for shareholders. Industry average for Environmental Services in '2021' stood at 5.0%.
• In '2022', ESGLW's return on equity was -25.2%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for Environmental Services in '2022' stood at -2.1%. Industry average declined by 7.1% from previous year.
• In '2023', ESGLW's return on equity was -898.4%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Environmental Services in '2023' stood at -130.7%. Industry average declined by 128.6% from previous year.
• In '2024', ESGLW's return on equity was -5.6%, measuring profitability for shareholders. The increase since '2023' reflects strengthening financial performance. Industry average for Environmental Services in '2024' stood at -11.8%. Industry average increased by 118.9% compared to previous year.
Overall, ESGLW's return on equity has been volatile but showed an upward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

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