As of June 3, 2025, Laredo Oil Inc (LRDC) reports a ROE (Return on Equity) of 25.63%.
ROE (Return on Equity) measures how well a company generates profits from shareholders' investments, indicating equity efficiency.
Historical Trend of Laredo Oil Inc's ROE (Return on Equity)
Over recent years, Laredo Oil Inc's ROE (Return on Equity) has shown significant volatility. The table below summarizes the historical values:
| Date | ROE (Return on Equity) |
|---|---|
| 2024-05-31 | 25.63% |
| 2023-05-31 | 80.63% |
| 2022-05-31 | 32.02% |
| 2021-05-31 | 16.46% |
| 2020-05-31 | 8.93% |
This steady improvement highlights how Laredo Oil Inc manages its efficiency in generating profits from shareholders' equity over time.
Comparing Laredo Oil Inc's ROE (Return on Equity) to Peers
To better understand Laredo Oil Inc's position, it's useful to compare its ROE (Return on Equity) against industry peers. Below are selected comparisons:
| Company | ROE (Return on Equity) |
|---|---|
| Laredo Oil Inc (LRDC) | 25.63% |
| Enservco Corp (ENSV) | 1488.99% |
| Intercept Energy Services Inc (IES.H.V) | 361.18% |
| FTS International Inc (FTSI) | 241.72% |
| Synthesis Energy Systems Inc (SYNE) | 214.62% |
| High Arctic Energy Services Inc (HWO.TO) | 134.81% |
Compared to its competitors, Laredo Oil Inc's ROE (Return on Equity) is about average compared to peers, reflecting standard industry returns on equity investment.