ROE Stock Screener
ROE (Return On Equity) measures a company's profitability relative to its shareholder equity. It is calculated by dividing company earnings after taxes to its equity. A ROE stock screener is a good way to identify highly profitable companies. This ROE stock screener searches for utility companies with ROE higher than 10 %, which is considered strong in this industry. While ROE is an important profitability ratio, highly leveraged companies will have exaggerated ROE relative to its overall profitability. It can therefore be a good idea to combine a ROE stock screener with a ROA stock screener.