Oculus Return on Equity (ROE) Growth & History (OVTZ)

Oculus's return on equity was −363.10% for fiscal 2023.

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Oculus annual return on equity history

Oculus annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20232023-12-31−363.10%−233.16 pp
20222022-12-31−129.94%+32.12 pp
20212021-12-31−162.05%+799.77 pp
20202020-12-31−961.82%

Oculus return on equity trends

Between the periods ended 2020-12-31 and 2023-12-31, Oculus's return on equity increased from −961.82% to −363.10%, a change of +598.72 percentage points. The latest reported quarter, Q3 2023, shows −244.26%.

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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