Research Frontiers annual return on equity
2010
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2025
Research Frontiers Return on Equity (ROE) Growth & History (REFR)
Research Frontiers's return on equity was −115.64% for fiscal 2025.
View full Research Frontiers company overviewResearch Frontiers annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −115.64% | −72.80 pp |
| 2024 | 2024-12-31 | −42.84% | +3.06 pp |
| 2023 | 2023-12-31 | −45.90% | +16.31 pp |
| 2022 | 2022-12-31 | −62.22% | −21.69 pp |
| 2021 | 2021-12-31 | −40.53% | −2.72 pp |
| 2020 | 2020-12-31 | −37.81% | +37.21 pp |
| 2019 | 2019-12-31 | −75.01% | +19.79 pp |
| 2018 | 2018-12-31 | −94.80% | −30.19 pp |
| 2017 | 2017-12-31 | −64.61% | −3.98 pp |
| 2016 | 2016-12-31 | −60.63% | −20.18 pp |
| 2015 | 2015-12-31 | −40.46% | −3.60 pp |
| 2014 | 2014-12-31 | −36.85% | +9.54 pp |
| 2013 | 2013-12-31 | −46.39% | −11.71 pp |
| 2012 | 2012-12-31 | −34.68% | +36.72 pp |
| 2011 | 2011-12-31 | −71.40% | −4.81 pp |
| 2010 | 2010-12-31 | −66.59% | — |
Research Frontiers quarterly return on equity
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| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −45.43% | −7.38 pp |
| Q1 2026 | 2026-03-31 | −38.67% | −31.61 pp |
| Q4 2025 | 2025-12-31 | −62.93% | −40.52 pp |
| Q3 2025 | 2025-09-30 | −18.10% | −12.37 pp |
| Q2 2025 | 2025-06-30 | −38.05% | −34.96 pp |
| Q1 2025 | 2025-03-31 | −7.06% | +6.35 pp |
| Q4 2024 | 2024-12-31 | −22.40% | −9.38 pp |
| Q3 2024 | 2024-09-30 | −5.74% | +5.81 pp |
| Q2 2024 | 2024-06-30 | −3.10% | +7.70 pp |
| Q1 2024 | 2024-03-31 | −13.41% | −3.79 pp |
| Q4 2023 | 2023-12-31 | −13.02% | +3.00 pp |
| Q3 2023 | 2023-09-30 | −11.55% | +0.87 pp |
| Q2 2023 | 2023-06-30 | −10.80% | +15.84 pp |
| Q1 2023 | 2023-03-31 | −9.62% | +8.49 pp |
| Q4 2022 | 2022-12-31 | −16.03% | +3.22 pp |
| Q3 2022 | 2022-09-30 | −12.41% | −12.91 pp |
| Q2 2022 | 2022-06-30 | −26.64% | −15.14 pp |
| Q1 2022 | 2022-03-31 | −18.11% | −7.16 pp |
| Q4 2021 | 2021-12-31 | −19.25% | −3.49 pp |
| Q3 2021 | 2021-09-30 | 0.50% | +7.62 pp |
| Q2 2021 | 2021-06-30 | −11.50% | −5.24 pp |
| Q1 2021 | 2021-03-31 | −10.95% | −1.68 pp |
| Q4 2020 | 2020-12-31 | −15.76% | +1.13 pp |
| Q3 2020 | 2020-09-30 | −7.12% | −2.14 pp |
| Q2 2020 | 2020-06-30 | −6.26% | +17.11 pp |
| Q1 2020 | 2020-03-31 | −9.26% | +15.49 pp |
| Q4 2019 | 2019-12-31 | −16.89% | +1.68 pp |
| Q3 2019 | 2019-09-30 | −4.98% | +16.84 pp |
| Q2 2019 | 2019-06-30 | −23.37% | −3.24 pp |
| Q1 2019 | 2019-03-31 | −24.75% | +3.36 pp |
| Q4 2018 | 2018-12-31 | −18.57% | +4.77 pp |
| Q3 2018 | 2018-09-30 | −21.81% | −12.66 pp |
| Q2 2018 | 2018-06-30 | −20.13% | −6.92 pp |
| Q1 2018 | 2018-03-31 | −28.10% | −6.59 pp |
| Q4 2017 | 2017-12-31 | −23.34% | +1.56 pp |
| Q3 2017 | 2017-09-30 | −9.16% | −0.55 pp |
| Q2 2017 | 2017-06-30 | −13.21% | +2.00 pp |
| Q1 2017 | 2017-03-31 | −21.51% | −7.65 pp |
| Q4 2016 | 2016-12-31 | −24.90% | −6.09 pp |
| Q3 2016 | 2016-09-30 | −8.61% | −1.51 pp |
| Q2 2016 | 2016-06-30 | −15.21% | −10.87 pp |
| Q1 2016 | 2016-03-31 | −13.86% | −3.41 pp |
| Q4 2015 | 2015-12-31 | −18.80% | −7.11 pp |
| Q3 2015 | 2015-09-30 | −7.10% | −2.25 pp |
| Q2 2015 | 2015-06-30 | −4.34% | +5.05 pp |
| Q1 2015 | 2015-03-31 | −10.46% | −0.16 pp |
| Q4 2014 | 2014-12-31 | −11.69% | +10.94 pp |
| Q3 2014 | 2014-09-30 | −4.85% | +2.51 pp |
| Q2 2014 | 2014-06-30 | −9.39% | −3.12 pp |
| Q1 2014 | 2014-03-31 | −10.30% | +1.41 pp |
| Q4 2013 | 2013-12-31 | −22.63% | −17.51 pp |
| Q3 2013 | 2013-09-30 | −7.36% | +6.50 pp |
| Q2 2013 | 2013-06-30 | −6.27% | +16.74 pp |
| Q1 2013 | 2013-03-31 | −11.70% | +8.70 pp |
| Q4 2012 | 2012-12-31 | −5.12% | +13.16 pp |
| Q3 2012 | 2012-09-30 | −13.86% | +1.35 pp |
| Q2 2012 | 2012-06-30 | −23.01% | −8.97 pp |
| Q1 2012 | 2012-03-31 | −20.40% | — |
| Q4 2011 | 2011-12-31 | −18.29% | — |
| Q3 2011 | 2011-09-30 | −15.21% | — |
| Q2 2011 | 2011-06-30 | −14.04% | — |
Research Frontiers return on equity trends
Over the last five fiscal years, Research Frontiers's return on equity decreased from −37.81% to −115.64%, a change of −77.83 percentage points. The latest reported quarter, Q2 2026, shows −45.43%.
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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