Pagaya Technologies annual return on equity
2021
2022
2023
2024
2025
Pagaya Technologies Return on Equity (ROE) Growth & History (PGY)
Pagaya Technologies's return on equity was 20.18% for fiscal 2025.
View full Pagaya Technologies company overviewPagaya Technologies annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.18% | +110.77 pp |
| 2024 | 2024-12-31 | −90.59% | −67.51 pp |
| 2023 | 2023-12-31 | −23.07% | +85.91 pp |
| 2022 | 2022-12-31 | −108.98% | +94.85 pp |
| 2021 | 2021-12-31 | −203.83% | — |
Pagaya Technologies quarterly return on equity
Q2.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.06% | +3.32 pp |
| Q1 2026 | 2026-03-31 | 4.89% | +2.51 pp |
| Q4 2025 | 2025-12-31 | 7.47% | +67.79 pp |
| Q3 2025 | 2025-09-30 | 5.60% | +19.26 pp |
| Q2 2025 | 2025-06-30 | 4.74% | +17.72 pp |
| Q1 2025 | 2025-03-31 | 2.38% | +5.96 pp |
| Q4 2024 | 2024-12-31 | −60.33% | −57.66 pp |
| Q3 2024 | 2024-09-30 | −13.66% | — |
| Q2 2024 | 2024-06-30 | −12.97% | −7.16 pp |
| Q1 2024 | 2024-03-31 | −3.58% | — |
| Q4 2023 | 2023-12-31 | −2.66% | — |
| Q2 2023 | 2023-06-30 | −5.81% | — |
Pagaya Technologies return on equity trends
Between the periods ended 2021-12-31 and 2025-12-31, Pagaya Technologies's return on equity increased from −203.83% to 20.18%, a change of +224.02 percentage points. The latest reported quarter, Q2 2026, shows 8.06%.
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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