Horizon Technology Finance Return on Equity (ROE) Growth & History (HRZN)
Horizon Technology Finance's return on equity was −0.81% for fiscal 2025.
View full Horizon Technology Finance company overviewHorizon Technology Finance annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −0.81% | +0.89 pp |
| 2024 | 2024-12-31 | −1.71% | +3.64 pp |
| 2023 | 2023-12-31 | −5.35% | — |
Horizon Technology Finance quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −9.92% | −2.87 pp |
| Q1 2026 | 2026-03-31 | 0.85% | +7.53 pp |
| Q4 2025 | 2025-12-31 | 2.78% | +6.45 pp |
| Q3 2025 | 2025-09-30 | 10.25% | +8.08 pp |
| Q2 2025 | 2025-06-30 | −7.05% | −4.29 pp |
| Q1 2025 | 2025-03-31 | −6.68% | −9.32 pp |
| Q4 2024 | 2024-12-31 | −3.66% | −0.34 pp |
| Q3 2024 | 2024-09-30 | 2.17% | — |
| Q2 2024 | 2024-06-30 | −2.76% | — |
| Q1 2024 | 2024-03-31 | 2.64% | — |
| Q4 2023 | 2023-12-31 | −3.32% | — |
Horizon Technology Finance return on equity trends
Between the periods ended 2023-12-31 and 2025-12-31, Horizon Technology Finance's return on equity increased from −5.35% to −0.81%, a change of +4.54 percentage points. The latest reported quarter, Q2 2026, shows −9.92%.
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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