w1.6 - Meghraj Patil 0802439413 Dr. John Halstead Return of...

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Meghraj Patil 0802439413 Dr. John Halstead Return of Equity:- ROE is equal to a fiscal year's net income (after preferred stock dividends but before common stock dividends) divided by total equity (excluding preferred shares), expressed as a percentage. ROE =Net Income / Shareholders Equity ROE for Pfizer Pfizer 2008 2007 2006 2005 2004 Net Income 8,104 8,144 19,337 8,085 11,361 Shareholders’ Equity 57,556 65,010 71,358 65,627 68,278 ROE % 14.08 12.53 27.10 12.32 16.64 2008 2007 2006 2005 2004 Net Income 12,949 10,576 11,053 10,411 8,509 Shareholders’ Equity 42,511 43,319 39,318 37,871 31,813 ROE % 30.46 24.32 28.11 27.49 26.15 ROE for Merck Merck 2008 2007 2006 2005 2004 Net Income 7,808 3,275 4,434 4,631 5,813 Shareholders’ Equity 18,758 18,185 17,560 17,917 17,288 ROE % 41.62 18,01 25.24 25.85 33.65
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Meghraj Patil 0802439413 Dr. John Halstead ROE for Novartis AG Novartis AG 2008 2007 2006 2005 2004 Net Income 8,195 11,946 7,175 6,130 5,767
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w1.6 - Meghraj Patil 0802439413 Dr. John Halstead Return of...

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