PyroGenesis Canada annual return on equity
2020
2021
2022
2023
PyroGenesis Canada Return on Equity (ROE) Growth & History (PYRGF)
PyroGenesis Canada's return on equity was −406.03% for fiscal 2023.
View full PyroGenesis Canada company overviewPyroGenesis Canada annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −406.03% | −294.41 pp |
| 2022 | 2022-12-31 | −111.62% | −34.90 pp |
| 2021 | 2021-12-31 | −76.72% | −233.33 pp |
| 2020 | 2020-12-31 | 156.61% | — |
PyroGenesis Canada quarterly return on equity
Q1.25
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2025 | 2025-03-31 | −83.36% | — |
PyroGenesis Canada return on equity trends
Between the periods ended 2020-12-31 and 2023-12-31, PyroGenesis Canada's return on equity decreased from 156.61% to −406.03%, a change of −562.64 percentage points. The latest reported quarter, Q1 2025, shows −83.36%.
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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