Galectin Therapeutics Return on Equity (ROE) Growth & History (GALT)

Galectin Therapeutics's return on equity was −261.33% for fiscal 2021.

View full Galectin Therapeutics company overview

Galectin Therapeutics annual return on equity history

Galectin Therapeutics annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20212021-12-31−261.33%−190.59 pp
20202020-12-31−70.74%−16.53 pp
20192019-12-31−54.21%+544.28 pp
20182018-12-31−598.49%−265.88 pp
20172017-12-31−332.62%−181.30 pp
20162016-12-31−151.32%−49.23 pp
20152015-12-31−102.09%+37.16 pp
20142014-12-31−139.25%+774.43 pp
20132013-12-31−913.68%

Galectin Therapeutics return on equity trends

Over the last five fiscal years, Galectin Therapeutics's return on equity decreased from −151.32% to −261.33%, a change of −110.01 percentage points. The latest reported quarter, Q4 2021, shows −171.52%.

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.

Review Galectin Therapeutics source filings ↗

Community posts

It’s quiet here.

No posts about GALT yet. Start the conversation.

Write the first post