ESS Tech Return on Equity (ROE) Growth & History (GWH)
ESS Tech's return on equity was −338.33% for fiscal 2025.
View full ESS Tech company overviewESS Tech annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −338.33% | −207.93 pp |
| 2024 | 2024-12-31 | −130.40% | −65.84 pp |
| 2023 | 2023-12-31 | −64.56% | −18.98 pp |
| 2022 | 2022-12-31 | −45.58% | +492.71 pp |
| 2021 | 2021-12-31 | −538.29% | — |
ESS Tech quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −460.22% | −316.47 pp |
| Q1 2026 | 2026-03-31 | −176.28% | −88.27 pp |
| Q4 2025 | 2025-12-31 | −700.13% | −639.99 pp |
| Q3 2025 | 2025-09-30 | −1,350.03% | −1311.99 pp |
| Q2 2025 | 2025-06-30 | −143.74% | −115.77 pp |
| Q1 2025 | 2025-03-31 | −88.01% | −68.86 pp |
| Q4 2024 | 2024-12-31 | −60.14% | −45.46 pp |
| Q3 2024 | 2024-09-30 | −38.04% | −22.50 pp |
| Q2 2024 | 2024-06-30 | −27.97% | −6.60 pp |
| Q1 2024 | 2024-03-31 | −19.16% | −1.92 pp |
| Q4 2023 | 2023-12-31 | −14.68% | +2.31 pp |
| Q3 2023 | 2023-09-30 | −15.55% | +2.76 pp |
| Q2 2023 | 2023-06-30 | −21.38% | −13.31 pp |
| Q1 2023 | 2023-03-31 | −17.23% | −14.41 pp |
| Q4 2022 | 2022-12-31 | −16.99% | — |
| Q3 2022 | 2022-09-30 | −18.31% | — |
| Q2 2022 | 2022-06-30 | −8.07% | — |
| Q1 2022 | 2022-03-31 | −2.82% | — |
ESS Tech return on equity trends
Between the periods ended 2021-12-31 and 2025-12-31, ESS Tech's return on equity increased from −538.29% to −338.33%, a change of +199.96 percentage points. The latest reported quarter, Q2 2026, shows −460.22%.
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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