CoJax Oil & Gas Return on Equity (ROE) Growth & History (CJAX)
CoJax Oil & Gas's return on equity was −13.46% for fiscal 2025.
View full CoJax Oil & Gas company overviewCoJax Oil & Gas annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −13.46% | +14.08 pp |
| 2024 | 2024-12-31 | −27.54% | +24.41 pp |
| 2023 | 2023-12-31 | −51.95% | — |
CoJax Oil & Gas quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.03% | +2.42 pp |
| Q1 2026 | 2026-03-31 | −3.44% | −1.75 pp |
| Q4 2025 | 2025-12-31 | −7.39% | +4.40 pp |
| Q3 2025 | 2025-09-30 | −1.85% | +0.13 pp |
| Q2 2025 | 2025-06-30 | −2.39% | −0.59 pp |
| Q1 2025 | 2025-03-31 | −1.69% | +8.54 pp |
| Q4 2024 | 2024-12-31 | −11.79% | +26.98 pp |
| Q3 2024 | 2024-09-30 | −1.97% | — |
| Q2 2024 | 2024-06-30 | −1.79% | — |
| Q1 2024 | 2024-03-31 | −10.23% | — |
| Q4 2023 | 2023-12-31 | −38.77% | — |
CoJax Oil & Gas return on equity trends
Between the periods ended 2023-12-31 and 2025-12-31, CoJax Oil & Gas's return on equity increased from −51.95% to −13.46%, a change of +38.48 percentage points. The latest reported quarter, Q2 2026, shows 0.03%.
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.
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