Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 20.37% is in line with its 5-year average of 21.63%, around the middle of its 5-year range (14.25%–27.88%).
As of the fiscal period ended Wednesday, December 31, 2025. 4.81% above its 12-month average of 19.44%.
Annual fiscal-year return on equity; no daily interpolation.
RETURN ON EQUITY (ROE)
20.37%
RETURN ON EQUITY (ROE) AVG TTM
19.44%
RETURN ON EQUITY (ROE) AVG 3Y
19.80%
RETURN ON EQUITY (ROE) AVG 5Y
21.63%
RETURN ON EQUITY (ROE) AVG 10Y
22.83%
RETURN ON EQUITY (ROE) AVG 15Y
25.71%
RETURN ON EQUITY (ROE) AVG 20Y
26.32%
CURRENT VS TTM AVG
+4.81%
CURRENT VS 3Y AVG
+2.87%
CURRENT VS 5Y AVG
-5.84%
CURRENT VS 10Y AVG
-10.78%
CURRENT VS 15Y AVG
-20.77%
CURRENT VS 20Y AVG
-22.61%
SECTOR MEDIAN · COMMUNICATION SERVICES
12.45%
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
+63.68%
vs the sector median at left
Tencent Holdings Limited
Market Cap
$500.86B
Return on Equity (ROE)
20.37%
TTM Avg
19.44%
3Y Avg
19.80%
5Y Avg
21.63%
Market Cap
$291.85B
Return on Equity (ROE)
45.27%
TTM Avg
38.23%
3Y Avg
31.09%
5Y Avg
30.27%
Market Cap
$193.66B
Return on Equity (ROE)
16.78%
TTM Avg
17.04%
3Y Avg
17.49%
5Y Avg
20.53%
Market Cap
$193.18B
Return on Equity (ROE)
18.77%
TTM Avg
18.47%
3Y Avg
13.38%
5Y Avg
10.43%
Market Cap
$164.71B
Return on Equity (ROE)
10.32%
TTM Avg
8.12%
3Y Avg
5.48%
5Y Avg
3.46%
Market Cap
$99.24B
Return on Equity (ROE)
34.17%
TTM Avg
23.59%
3Y Avg
2.03%
5Y Avg
-2.37%
Market Cap
$79.12B
Return on Equity (ROE)
12.48%
TTM Avg
19.78%
3Y Avg
16.20%
5Y Avg
15.20%
Market Cap
$75.34B
Return on Equity (ROE)
9.07%
TTM Avg
5.45%
3Y Avg
-4.38%
5Y Avg
-6.23%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tencent Holdings Limited (TCEHY) | $500.86B | 20.37% | 19.44% | 19.80% | 21.63% |
| Netflix, Inc. (NFLX)vs › | $291.85B | 45.27% | 38.23% | 31.09% | 30.27% |
| Verizon Communications Inc. (VZ)vs › | $193.66B | 16.78% | 17.04% | 17.49% | 20.53% |
| T-Mobile US, Inc. (TMUS)vs › | $193.18B | 18.77% | 18.47% | 13.38% | 10.43% |
| AT&T Inc. (T)vs › | $165.35B | 19.46% | 15.14% | 8.87% | 7.39% |
| The Walt Disney Company (DIS)vs › | $164.71B | 10.32% | 8.12% | 5.48% | 3.46% |
| Spotify Technology S.A. (SPOT)vs › | $99.24B | 34.17% | 23.59% | 2.03% | -2.37% |
| Comcast Corporation (CMCSA)vs › | $79.12B | 12.48% | 19.78% | 16.20% | 15.20% |
| DoorDash, Inc. (DASH)vs › | $75.34B | 9.07% | 5.45% | -4.38% | -6.23% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $64.61B | -5.33% | -15.60% | -13.44% | -5.57% |
ROE
20.4%
ROA
11.2%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2025-12-31 | 18.94% |
| 2024-12-31 | 19.93% |
| 2023-12-31 | 14.25% |
| 2022-12-31 | 26.09% |
| 2021-12-31 | 27.88% |
| 2020-12-31 | 22.71% |
| 2019-12-31 | 21.56% |
| 2018-12-31 | 24.33% |
| 2017-12-31 | 27.93% |
| 2016-12-31 | 23.53% |
| 2015-12-31 | 24.00% |
| 2014-12-31 | 29.76% |
| 2013-12-31 | 26.75% |
| 2012-12-31 | 30.83% |
| 2011-12-31 | 35.85% |
| 2010-12-31 | 37.02% |
| 2009-12-31 | 42.33% |
| 2008-12-31 | 39.66% |
| 2007-12-31 | 30.21% |
| 2006-12-31 | 28.61% |
| 2005-12-31 | 16.57% |
| 2004-12-31 | 16.84% |
| 2003-12-31 | 68.27% |