Netcapital annual return on equity
2021
2022
2023
2024
2025
Netcapital Return on Equity (ROE) Growth & History (NCPL)
Netcapital's return on equity was −107.11% for fiscal 2025.
View full Netcapital company overviewNetcapital annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-04-30 | −107.11% | −93.65 pp |
| 2024 | 2024-04-30 | −13.46% | −23.09 pp |
| 2023 | 2023-04-30 | 9.63% | −8.15 pp |
| 2022 | 2022-04-30 | 17.78% | −2.01 pp |
| 2021 | 2021-04-30 | 19.78% | — |
Netcapital quarterly return on equity
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-01-31 | −8.42% | −0.12 pp |
| Q2 2026 | 2025-10-31 | −9.56% | −3.63 pp |
| Q1 2026 | 2025-07-31 | −19.15% | −12.45 pp |
| Q4 2025 | 2025-04-30 | −82.39% | −75.73 pp |
| Q3 2025 | 2025-01-31 | −8.31% | −2.70 pp |
| Q2 2025 | 2024-10-31 | −5.93% | −6.80 pp |
| Q1 2025 | 2024-07-31 | −6.70% | −5.38 pp |
| Q4 2024 | 2024-04-30 | −6.66% | −9.53 pp |
| Q3 2024 | 2024-01-31 | −5.61% | −10.87 pp |
| Q2 2024 | 2023-10-31 | 0.88% | +0.26 pp |
| Q1 2024 | 2023-07-31 | −1.32% | −1.55 pp |
| Q4 2023 | 2023-04-30 | 2.87% | +0.86 pp |
| Q3 2023 | 2023-01-31 | 5.26% | −2.87 pp |
| Q2 2023 | 2022-10-31 | 0.61% | +1.94 pp |
| Q1 2023 | 2022-07-31 | 0.23% | −8.11 pp |
| Q4 2022 | 2022-04-30 | 2.02% | −8.37 pp |
| Q3 2022 | 2022-01-31 | 8.13% | +7.47 pp |
| Q2 2022 | 2021-10-31 | −1.33% | −5.41 pp |
| Q1 2022 | 2021-07-31 | 8.34% | +3.90 pp |
| Q4 2021 | 2021-04-30 | 10.38% | +68.59 pp |
| Q3 2021 | 2021-01-31 | 0.66% | −62.86 pp |
| Q2 2021 | 2020-10-31 | 4.08% | — |
| Q1 2021 | 2020-07-31 | 4.44% | — |
| Q4 2020 | 2020-04-30 | −58.21% | — |
| Q3 2020 | 2020-01-31 | 63.52% | — |
Netcapital return on equity trends
Between the periods ended 2021-04-30 and 2025-04-30, Netcapital's return on equity decreased from 19.78% to −107.11%, a change of −126.89 percentage points. The latest reported quarter, Q3 2026, shows −8.42%.
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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