Cartesian Therapeutics Return on Equity (ROE) Growth & History (RNAC)

Cartesian Therapeutics's return on equity was 60.82% for fiscal 2022.

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Cartesian Therapeutics annual return on equity history

Cartesian Therapeutics annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20222022-12-3160.82%+1198.67 pp
20212021-12-31−1,137.85%
20192019-12-31−3,716.01%−3434.37 pp
20182018-12-31−281.64%−159.29 pp
20172017-12-31−122.36%

Cartesian Therapeutics return on equity trends

Over the last five fiscal years, Cartesian Therapeutics's return on equity increased from −122.36% to 60.82%, a change of +183.17 percentage points. The latest reported quarter, Q3 2023, shows −14.31%.

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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