Ballard Power Systems annual return on equity
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ballard Power Systems Return on Equity (ROE) Growth & History (BLDP)
Ballard Power Systems's return on equity was −14.40% for fiscal 2025.
View full Ballard Power Systems company overviewBallard Power Systems annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −14.40% | +24.57 pp |
| 2024 | 2024-12-31 | −38.97% | −22.44 pp |
| 2023 | 2023-12-31 | −16.53% | −2.57 pp |
| 2022 | 2022-12-31 | −13.96% | −3.70 pp |
| 2021 | 2021-12-31 | −10.25% | −1.33 pp |
| 2020 | 2020-12-31 | −8.93% | +5.73 pp |
| 2019 | 2019-12-31 | −14.66% | −1.08 pp |
| 2018 | 2018-12-31 | −13.58% | −7.00 pp |
| 2017 | 2017-12-31 | −6.58% | — |
Ballard Power Systems quarterly return on equity
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −3.56% | +0.15 pp |
| Q1 2026 | 2026-03-31 | −1.95% | — |
| Q4 2025 | 2025-12-31 | −2.93% | — |
| Q3 2025 | 2025-09-30 | −4.52% | — |
| Q2 2025 | 2025-06-30 | −3.71% | — |
Ballard Power Systems return on equity trends
Over the last five fiscal years, Ballard Power Systems's return on equity decreased from −8.93% to −14.40%, a change of −5.47 percentage points. The latest reported quarter, Q2 2026, shows −3.56%.
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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