Elite Pharmaceuticals Return on Equity (ROE) Growth & History (ELTP)
Elite Pharmaceuticals's return on equity was 58.89% for fiscal 2026.
View full Elite Pharmaceuticals company overviewElite Pharmaceuticals annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-03-31 | 58.89% | +66.66 pp |
| 2025 | 2025-03-31 | −7.77% | −54.24 pp |
| 2024 | 2024-03-31 | 46.47% | +33.32 pp |
| 2023 | 2023-03-31 | 13.15% | −29.87 pp |
| 2022 | 2022-03-31 | 43.01% | +5.05 pp |
| 2021 | 2021-03-31 | 37.96% | +92.95 pp |
| 2020 | 2020-03-31 | −54.99% | +844.30 pp |
| 2019 | 2019-03-31 | −899.29% | −875.00 pp |
| 2018 | 2018-03-31 | −24.30% | — |
Elite Pharmaceuticals quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-06-30 | 5.80% | +17.43 pp |
| Q4 2026 | 2026-03-31 | 20.60% | −17.18 pp |
| Q3 2026 | 2025-12-31 | 26.21% | +52.23 pp |
| Q2 2026 | 2025-09-30 | 25.08% | +46.00 pp |
| Q1 2026 | 2025-06-30 | −11.63% | −12.69 pp |
| Q4 2025 | 2025-03-31 | 37.79% | +31.39 pp |
| Q3 2025 | 2024-12-31 | −26.02% | −27.57 pp |
| Q2 2025 | 2024-09-30 | −20.92% | −60.63 pp |
| Q1 2025 | 2024-06-30 | 1.06% | −2.80 pp |
| Q4 2024 | 2024-03-31 | 6.40% | +10.55 pp |
| Q3 2024 | 2023-12-31 | 1.54% | −8.81 pp |
| Q2 2024 | 2023-09-30 | 39.71% | +33.97 pp |
| Q1 2024 | 2023-06-30 | 3.87% | +2.66 pp |
| Q4 2023 | 2023-03-31 | −4.16% | −14.27 pp |
| Q3 2023 | 2022-12-31 | 10.35% | −0.19 pp |
| Q2 2023 | 2022-09-30 | 5.75% | −3.42 pp |
| Q1 2023 | 2022-06-30 | 1.21% | −12.50 pp |
| Q4 2022 | 2022-03-31 | 10.12% | +13.06 pp |
| Q3 2022 | 2021-12-31 | 10.55% | −2.33 pp |
| Q2 2022 | 2021-09-30 | 9.17% | −9.63 pp |
| Q1 2022 | 2021-06-30 | 13.71% | +4.11 pp |
| Q4 2021 | 2021-03-31 | −2.94% | −12.43 pp |
| Q3 2021 | 2020-12-31 | 12.88% | +74.68 pp |
| Q2 2021 | 2020-09-30 | 18.80% | — |
| Q1 2021 | 2020-06-30 | 9.60% | — |
| Q4 2020 | 2020-03-31 | 9.49% | — |
| Q3 2020 | 2019-12-31 | −61.80% | +249.73 pp |
| Q3 2019 | 2018-12-31 | −311.53% | −303.48 pp |
| Q2 2019 | 2018-09-30 | −106.36% | −142.77 pp |
| Q1 2019 | 2018-06-30 | −44.07% | −29.34 pp |
| Q4 2018 | 2018-03-31 | −53.57% | −41.25 pp |
| Q3 2018 | 2017-12-31 | −8.05% | −14.92 pp |
| Q2 2018 | 2017-09-30 | 36.41% | — |
| Q1 2018 | 2017-06-30 | −14.73% | — |
| Q4 2017 | 2017-03-31 | −12.32% | — |
| Q3 2017 | 2016-12-31 | 6.87% | — |
Elite Pharmaceuticals return on equity trends
Over the last five fiscal years, Elite Pharmaceuticals's return on equity increased from 37.96% to 58.89%, a change of +20.93 percentage points. The latest reported quarter, Q1 2027, shows 5.80%.
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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