Local Bounti annual return on equity
2021
2022
2023
Local Bounti Return on Equity (ROE) Growth & History (LOCL)
Local Bounti's return on equity was −181.57% for fiscal 2023.
View full Local Bounti company overviewLocal Bounti annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −181.57% | −81.96 pp |
| 2022 | 2022-12-31 | −99.61% | +13.58 pp |
| 2021 | 2021-12-31 | −113.19% | — |
Local Bounti quarterly return on equity
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2024 | 2024-03-31 | −825.61% | −804.74 pp |
| Q4 2023 | 2023-12-31 | −140.86% | −118.82 pp |
| Q3 2023 | 2023-09-30 | −27.55% | −6.28 pp |
| Q2 2023 | 2023-06-30 | −10.55% | +17.93 pp |
| Q1 2023 | 2023-03-31 | −20.87% | +6.46 pp |
| Q4 2022 | 2022-12-31 | −22.05% | +79.40 pp |
| Q3 2022 | 2022-09-30 | −21.28% | — |
| Q2 2022 | 2022-06-30 | −28.48% | — |
| Q1 2022 | 2022-03-31 | −27.32% | — |
| Q4 2021 | 2021-12-31 | −101.44% | — |
Local Bounti return on equity trends
Between the periods ended 2021-12-31 and 2023-12-31, Local Bounti's return on equity decreased from −113.19% to −181.57%, a change of −68.38 percentage points. The latest reported quarter, Q1 2024, shows −825.61%.
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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