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 '2022', VIRC's return on equity was -31.9%, measuring profitability for shareholders. Industry average for Industrial Specialties in '2022' stood at -23.6%.
• In '2023', VIRC's return on equity was 28.6%, measuring profitability for shareholders. The increase since '2022' reflects strengthening financial performance. Industry average for Industrial Specialties in '2023' stood at -5.8%. Industry average increased by 17.8% compared to previous year.
• In '2024', VIRC's return on equity was 27.5%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Industrial Specialties in '2024' stood at -36.6%. Industry average declined by 30.8% from previous year.
• In '2025', VIRC's return on equity was 21.6%, measuring profitability for shareholders. The decline from '2024' may indicate some operational or financial challenges. Industry average for Industrial Specialties in '2025' stood at -56.9%. Industry average declined by 20.3% from previous year.
Overall, VIRC'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.