Madison Technologies (MDEX) Return on Equity (2016 - 2024)
Madison Technologies (MDEX) has disclosed Return on Equity for 9 consecutive years, with 0.48% as the latest value for Q3 2024.
- For Q3 2024, Return on Equity rose 61.0% year-over-year to 0.48%; the TTM value through Sep 2024 reached 0.48%, up 61.0%, while the annual FY2023 figure was 0.0%, 59.0% down from the prior year.
- Return on Equity was 0.48% for Q3 2024 at Madison Technologies, up from 0.46% in the prior quarter.
- The five-year high for Return on Equity was 4.43% in Q4 2020, with the low at 1.32% in Q4 2021.
- Historically, Return on Equity has averaged 0.46% across 5 years, with a median of 0.24% in 2021.
- The largest annual shift saw Return on Equity soared 433bps in 2020 before it crashed -575bps in 2021.
- Over 5 years, Return on Equity stood at 4.43% in 2020, then tumbled by -130bps to 1.32% in 2021, then soared by 124bps to 0.32% in 2022, then crashed by -100bps to 0.0% in 2023, then soared by 116331bps to 0.48% in 2024.
- Per Business Quant database, its latest 3 readings for Return on Equity were 0.48% in Q3 2024, 0.46% in Q2 2024, and 0.41% in Q1 2024.