Ridgetech annual return on equity
2021
2022
2023
2024
2025
2026
Ridgetech Return on Equity (ROE) Growth & History (RDGT)
Ridgetech's return on equity was −3.55% for fiscal 2026.
View full Ridgetech company overviewRidgetech annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-03-31 | −3.55% | −48.58 pp |
| 2025 | 2025-03-31 | 45.03% | +70.20 pp |
| 2024 | 2024-03-31 | −25.16% | +75.26 pp |
| 2023 | 2023-03-31 | −100.42% | −87.61 pp |
| 2022 | 2022-03-31 | −12.81% | +23.66 pp |
| 2021 | 2021-03-31 | −36.48% | — |
Ridgetech return on equity trends
Over the last five fiscal years, Ridgetech's return on equity increased from −36.48% to −3.55%, a change of +32.93 percentage points.
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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