Electrovaya annual return on equity
2023
2024
2025
Electrovaya Return on Equity (ROE) Growth & History (ELVA)
Electrovaya's return on equity was 16.94% for fiscal 2025.
View full Electrovaya company overviewElectrovaya annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 16.94% | +35.82 pp |
| 2024 | 2024-09-30 | −18.88% | +654.92 pp |
| 2023 | 2023-09-30 | −673.80% | — |
Electrovaya quarterly return on equity
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 0.47% | −3.70 pp |
| Q2 2026 | 2026-03-31 | 1.65% | −3.92 pp |
| Q1 2026 | 2025-12-31 | 2.27% | — |
| Q4 2025 | 2025-09-30 | 7.66% | — |
| Q3 2025 | 2025-06-30 | 4.17% | — |
| Q2 2025 | 2025-03-31 | 5.57% | — |
Electrovaya return on equity trends
Between the periods ended 2023-09-30 and 2025-09-30, Electrovaya's return on equity increased from −673.80% to 16.94%, a change of +690.74 percentage points. The latest reported quarter, Q3 2026, shows 0.47%.
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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