Guardant Health Return on Equity (ROE) Growth & History (GH)

Guardant Health's return on equity was −4,584.47% for fiscal 2024.

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Guardant Health annual return on equity history

Guardant Health annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20242024-12-31−4,584.47%−4146.35 pp
20232023-12-31−438.13%−252.48 pp
20222022-12-31−185.65%−146.05 pp
20212021-12-31−39.60%−16.11 pp
20202020-12-31−23.49%−11.68 pp
20192019-12-31−11.81%+9.68 pp
20182018-12-31−21.49%

Guardant Health return on equity trends

Over the last five fiscal years, Guardant Health's return on equity decreased from −11.81% to −4,584.47%, a change of −4572.67 percentage points. The latest reported quarter, Q2 2024, shows −307.86%.

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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