Penumbra Return on Equity (ROE) Growth & History (PEN)
Penumbra's return on equity was 13.78% for fiscal 2025.
View full Penumbra company overviewPenumbra annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.78% | +12.58 pp |
| 2024 | 2024-12-31 | 1.20% | −7.15 pp |
| 2023 | 2023-12-31 | 8.35% | +8.56 pp |
| 2022 | 2022-12-31 | −0.21% | −0.87 pp |
| 2021 | 2021-12-31 | 0.66% | +3.45 pp |
| 2020 | 2020-12-31 | −2.79% | −13.46 pp |
| 2019 | 2019-12-31 | 10.67% | +9.07 pp |
| 2018 | 2018-12-31 | 1.60% | +0.21 pp |
| 2017 | 2017-12-31 | 1.40% | −4.54 pp |
| 2016 | 2016-12-31 | 5.94% | +3.79 pp |
| 2015 | 2015-12-31 | 2.15% | — |
Penumbra quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.32% | −1.29 pp |
| Q1 2026 | 2026-03-31 | 2.25% | −1.07 pp |
| Q4 2025 | 2025-12-31 | 3.40% | +0.41 pp |
| Q3 2025 | 2025-09-30 | 3.46% | +0.85 pp |
| Q2 2025 | 2025-06-30 | 3.61% | +8.70 pp |
| Q1 2025 | 2025-03-31 | 3.32% | +2.40 pp |
| Q4 2024 | 2024-12-31 | 2.99% | −1.76 pp |
| Q3 2024 | 2024-09-30 | 2.61% | +1.76 pp |
| Q2 2024 | 2024-06-30 | −5.09% | −6.90 pp |
| Q1 2024 | 2024-03-31 | 0.92% | +0.08 pp |
| Q4 2023 | 2023-12-31 | 4.75% | +4.36 pp |
| Q3 2023 | 2023-09-30 | 0.85% | +1.08 pp |
| Q2 2023 | 2023-06-30 | 1.81% | +2.20 pp |
| Q1 2023 | 2023-03-31 | 0.85% | +0.84 pp |
| Q4 2022 | 2022-12-31 | 0.39% | +3.39 pp |
| Q3 2022 | 2022-09-30 | −0.23% | −1.55 pp |
| Q2 2022 | 2022-06-30 | −0.38% | — |
| Q1 2022 | 2022-03-31 | 0.01% | −1.82 pp |
| Q4 2021 | 2021-12-31 | −3.00% | −3.57 pp |
| Q3 2021 | 2021-09-30 | 1.31% | +2.73 pp |
| Q1 2021 | 2021-03-31 | 1.83% | +1.53 pp |
| Q4 2020 | 2020-12-31 | 0.58% | −1.46 pp |
| Q3 2020 | 2020-09-30 | −1.41% | −3.91 pp |
| Q2 2020 | 2020-06-30 | −2.15% | −5.87 pp |
| Q1 2020 | 2020-03-31 | 0.29% | −2.20 pp |
| Q4 2019 | 2019-12-31 | 2.03% | +0.43 pp |
| Q3 2019 | 2019-09-30 | 2.49% | +7.03 pp |
| Q2 2019 | 2019-06-30 | 3.72% | +0.54 pp |
| Q1 2019 | 2019-03-31 | 2.49% | +1.14 pp |
| Q4 2018 | 2018-12-31 | 1.60% | −0.72 pp |
| Q3 2018 | 2018-09-30 | −4.54% | −4.60 pp |
| Q2 2018 | 2018-06-30 | 3.19% | +3.60 pp |
| Q1 2018 | 2018-03-31 | 1.35% | +2.32 pp |
| Q4 2017 | 2017-12-31 | 2.32% | +3.22 pp |
| Q3 2017 | 2017-09-30 | 0.06% | −4.60 pp |
| Q2 2017 | 2017-06-30 | −0.42% | −1.66 pp |
| Q1 2017 | 2017-03-31 | −0.97% | −1.94 pp |
| Q4 2016 | 2016-12-31 | −0.90% | −1.61 pp |
| Q3 2016 | 2016-09-30 | 4.66% | +3.83 pp |
| Q2 2016 | 2016-06-30 | 1.24% | — |
| Q1 2016 | 2016-03-31 | 0.97% | — |
| Q4 2015 | 2015-12-31 | 0.71% | — |
| Q3 2015 | 2015-09-30 | 0.83% | — |
Penumbra return on equity trends
Over the last five fiscal years, Penumbra's return on equity increased from −2.79% to 13.78%, a change of +16.57 percentage points. The latest reported quarter, Q2 2026, shows 2.32%.
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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