Argo Blockchain annual return on equity
2021
2022
2023
Argo Blockchain Return on Equity (ROE) Growth & History (ARBK)
Argo Blockchain's return on equity was −280.05% for fiscal 2023.
View full Argo Blockchain company overviewArgo Blockchain annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −280.05% | −125.79 pp |
| 2022 | 2022-12-31 | −154.26% | −179.86 pp |
| 2021 | 2021-12-31 | 25.60% | — |
Argo Blockchain return on equity trends
Between the periods ended 2021-12-31 and 2023-12-31, Argo Blockchain's return on equity decreased from 25.60% to −280.05%, a change of −305.65 percentage points.
About the metric
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.
Calculation and source
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.
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