Question: what are the main drivers for return on equity. can you notice a trend in these numbers? 2024 2023 Competitor (CVS)Profitability ratios Profit Margin =

what are the main drivers for return on equity. can you notice a trend in these numbers? 2024 2023 Competitor (CVS)Profitability ratios Profit Margin = Net income/Sales -5.85% -2.21% 1.24%Operating Profit Margin = EBIT/Sales -9.30% -3.48% 2.28%Basic Earning Power = EBIT/TA -16.950% -5.008% Return on Assets = Net income/TA -10.66% -3.19% 1.81%Return on Equity = Net income/Total common equity -70.91% -10.81% 6.06%

what are the main drivers for return on equity.
2024 2023 Competitor ( Profitability ratios Profit Margin = Net income/Sales 5.85% -2.21% 1.24% Operating Profit Margin - EBIT/Sales -9.30% -3.48% 2.280 Basic Earning Power = EBIT/TA -16.950% -5.008% Return on Assets = Net income/TA -10.66% -3.19% 1.81% Return on Equity = Net income/Total common equity -70.91% -10.81% 6.06%

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