Novagold Resources annual return on equity
2012
2013
2014
2015
2016
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2019
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2023
2025
Novagold Resources Return on Equity (ROE) Growth & History (NG)
Novagold Resources's return on equity was −162.68% for fiscal 2025.
View full Novagold Resources company overviewNovagold Resources annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-11-30 | −162.68% | — |
| 2023 | 2023-11-30 | −431.76% | −333.15 pp |
| 2022 | 2022-11-30 | −98.61% | −55.72 pp |
| 2021 | 2021-11-30 | −42.89% | −15.90 pp |
| 2020 | 2020-11-30 | −26.99% | −8.40 pp |
| 2019 | 2019-11-30 | −18.59% | +32.12 pp |
| 2018 | 2018-11-30 | −50.71% | −37.36 pp |
| 2017 | 2017-11-30 | −13.35% | −2.60 pp |
| 2016 | 2016-11-30 | −10.75% | −2.05 pp |
| 2015 | 2015-11-30 | −8.70% | +0.60 pp |
| 2014 | 2014-11-30 | −9.30% | +4.02 pp |
| 2013 | 2013-11-30 | −13.32% | −9.89 pp |
| 2012 | 2012-11-30 | −3.43% | — |
Novagold Resources quarterly return on equity
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Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
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Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-05-31 | −5.89% | +93.56 pp |
| Q1 2026 | 2026-02-28 | −5.08% | — |
| Q4 2025 | 2025-11-30 | −9.16% | — |
| Q3 2025 | 2025-08-31 | −9.14% | — |
| Q2 2025 | 2025-05-31 | −99.45% | — |
| Q3 2023 | 2023-08-31 | −250.37% | −216.97 pp |
| Q2 2023 | 2023-05-31 | −97.31% | −73.18 pp |
| Q1 2023 | 2023-02-28 | −41.63% | −28.01 pp |
| Q4 2022 | 2022-11-30 | −34.63% | −22.20 pp |
| Q3 2022 | 2022-08-31 | −33.40% | −20.66 pp |
| Q2 2022 | 2022-05-31 | −24.13% | −13.76 pp |
| Q1 2022 | 2022-02-28 | −13.62% | −6.24 pp |
| Q4 2021 | 2021-11-30 | −12.43% | −6.25 pp |
| Q3 2021 | 2021-08-31 | −12.74% | −2.13 pp |
| Q2 2021 | 2021-05-31 | −10.37% | −4.70 pp |
| Q1 2021 | 2021-02-28 | −7.38% | −2.48 pp |
| Q4 2020 | 2020-11-30 | −6.18% | −0.61 pp |
| Q3 2020 | 2020-08-31 | −10.61% | −5.13 pp |
| Q2 2020 | 2020-05-31 | −5.67% | −2.05 pp |
| Q1 2020 | 2020-02-29 | −4.90% | −0.90 pp |
| Q4 2019 | 2019-11-30 | −5.58% | −1.72 pp |
| Q3 2019 | 2019-08-31 | −5.48% | +35.36 pp |
| Q2 2019 | 2019-05-31 | −3.62% | −0.10 pp |
| Q1 2019 | 2019-02-28 | −4.00% | −1.09 pp |
| Q4 2018 | 2018-11-30 | −3.86% | −0.43 pp |
| Q3 2018 | 2018-08-31 | −40.84% | −37.30 pp |
| Q2 2018 | 2018-05-31 | −3.51% | −0.61 pp |
| Q1 2018 | 2018-02-28 | −2.92% | +0.48 pp |
| Q4 2017 | 2017-11-30 | −3.43% | −1.03 pp |
| Q3 2017 | 2017-08-31 | −3.55% | −1.21 pp |
| Q2 2017 | 2017-05-31 | −2.90% | −0.02 pp |
| Q1 2017 | 2017-02-28 | −3.39% | −0.30 pp |
| Q4 2016 | 2016-11-30 | −2.40% | −0.25 pp |
| Q3 2016 | 2016-08-31 | −2.34% | −0.54 pp |
| Q2 2016 | 2016-05-31 | −2.88% | −0.37 pp |
| Q1 2016 | 2016-02-29 | −3.09% | −0.69 pp |
| Q4 2015 | 2015-11-30 | −2.14% | −0.44 pp |
| Q3 2015 | 2015-08-31 | −1.80% | +0.96 pp |
| Q2 2015 | 2015-05-31 | −2.52% | −0.10 pp |
| Q1 2015 | 2015-02-28 | −2.40% | −0.05 pp |
| Q4 2014 | 2014-11-30 | −1.70% | +2.37 pp |
| Q3 2014 | 2014-08-31 | −2.75% | — |
| Q2 2014 | 2014-05-31 | −2.42% | — |
| Q1 2014 | 2014-02-28 | −2.36% | — |
| Q4 2013 | 2013-11-30 | −4.07% | — |
Novagold Resources return on equity trends
Over the last five fiscal years, Novagold Resources's return on equity decreased from −26.99% to −162.68%, a change of −135.68 percentage points. The latest reported quarter, Q2 2026, shows −5.89%.
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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