American Well Return on Equity (ROE) Growth & History (AMWL)
American Well's return on equity was −35.42% for fiscal 2025.
View full American Well company overviewAmerican Well annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −35.42% | +18.71 pp |
| 2024 | 2024-12-31 | −54.13% | +34.23 pp |
| 2023 | 2023-12-31 | −88.37% | −64.88 pp |
| 2022 | 2022-12-31 | −23.48% | −9.17 pp |
| 2021 | 2021-12-31 | −14.32% | +34.63 pp |
| 2020 | 2020-12-31 | −48.95% | — |
American Well quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −4.43% | +2.41 pp |
| Q1 2026 | 2026-03-31 | −4.70% | +1.54 pp |
| Q4 2025 | 2025-12-31 | −10.16% | +3.14 pp |
| Q3 2025 | 2025-09-30 | −12.05% | +0.36 pp |
| Q2 2025 | 2025-06-30 | −6.83% | +6.09 pp |
| Q1 2025 | 2025-03-31 | −6.25% | +10.27 pp |
| Q4 2024 | 2024-12-31 | −13.30% | −3.25 pp |
| Q3 2024 | 2024-09-30 | −12.41% | +11.78 pp |
| Q2 2024 | 2024-06-30 | −12.92% | +1.08 pp |
| Q1 2024 | 2024-03-31 | −16.52% | +28.70 pp |
| Q4 2023 | 2023-12-31 | −10.05% | −4.36 pp |
| Q3 2023 | 2023-09-30 | −24.19% | −17.89 pp |
| Q2 2023 | 2023-06-30 | −14.00% | −8.06 pp |
| Q1 2023 | 2023-03-31 | −45.22% | −39.45 pp |
| Q4 2022 | 2022-12-31 | −5.69% | −1.89 pp |
| Q3 2022 | 2022-09-30 | −6.30% | −2.09 pp |
| Q2 2022 | 2022-06-30 | −5.94% | −2.74 pp |
| Q1 2022 | 2022-03-31 | −5.77% | −2.53 pp |
| Q4 2021 | 2021-12-31 | −3.80% | +0.23 pp |
| Q3 2021 | 2021-09-30 | −4.21% | +8.83 pp |
| Q2 2021 | 2021-06-30 | −3.20% | — |
| Q1 2021 | 2021-03-31 | −3.24% | — |
| Q4 2020 | 2020-12-31 | −4.03% | — |
| Q3 2020 | 2020-09-30 | −13.04% | — |
American Well return on equity trends
Over the last five fiscal years, American Well's return on equity increased from −48.95% to −35.42%, a change of +13.53 percentage points. The latest reported quarter, Q2 2026, shows −4.43%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Well source filings ↗