Reflect Scientific Return on Equity (ROE) Growth & History (RSCF)
Reflect Scientific's return on equity was −21.91% for fiscal 2023.
View full Reflect Scientific company overviewReflect Scientific annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | −21.91% | −25.91 pp |
| 2022 | 2022-12-31 | 3.99% | −51.36 pp |
| 2021 | 2021-12-31 | 55.36% | −19.40 pp |
| 2020 | 2020-12-31 | 74.75% | +110.12 pp |
| 2019 | 2019-12-31 | −35.37% | +11.24 pp |
| 2018 | 2018-12-31 | −46.61% | +36.05 pp |
| 2017 | 2017-12-31 | −82.66% | −39.85 pp |
| 2016 | 2016-12-31 | −42.81% | — |
| 2011 | 2011-12-31 | −2,656.11% | — |
Reflect Scientific quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2025 | 2025-09-30 | 1.93% | −3.50 pp |
| Q2 2025 | 2025-06-30 | −0.28% | −5.97 pp |
| Q3 2024 | 2024-09-30 | 5.43% | +1.18 pp |
| Q2 2024 | 2024-06-30 | 5.69% | +14.45 pp |
| Q1 2024 | 2024-03-31 | −1.70% | +4.94 pp |
| Q4 2023 | 2023-12-31 | −10.91% | −8.27 pp |
| Q3 2023 | 2023-09-30 | 4.25% | +9.80 pp |
| Q2 2023 | 2023-06-30 | −8.75% | −11.96 pp |
| Q1 2023 | 2023-03-31 | −6.64% | −15.66 pp |
| Q4 2022 | 2022-12-31 | −2.64% | −20.80 pp |
| Q3 2022 | 2022-09-30 | −5.55% | −14.89 pp |
| Q2 2022 | 2022-06-30 | 3.20% | −8.80 pp |
| Q1 2022 | 2022-03-31 | 9.02% | — |
| Q4 2021 | 2021-12-31 | 18.16% | −17.60 pp |
| Q3 2021 | 2021-09-30 | 9.34% | — |
| Q2 2021 | 2021-06-30 | 12.01% | — |
| Q4 2020 | 2020-12-31 | 35.76% | +68.82 pp |
| Q4 2019 | 2019-12-31 | −33.06% | −16.39 pp |
| Q3 2019 | 2019-09-30 | 0.31% | +8.45 pp |
| Q2 2019 | 2019-06-30 | −3.62% | +36.02 pp |
| Q1 2019 | 2019-03-31 | −1.04% | −19.46 pp |
| Q4 2018 | 2018-12-31 | −16.67% | +64.77 pp |
| Q3 2018 | 2018-09-30 | −8.14% | −17.79 pp |
| Q2 2018 | 2018-06-30 | −39.64% | −41.92 pp |
| Q1 2018 | 2018-03-31 | 18.42% | +18.89 pp |
| Q4 2017 | 2017-12-31 | −81.44% | −28.75 pp |
| Q3 2017 | 2017-09-30 | 9.65% | +17.36 pp |
| Q2 2017 | 2017-06-30 | 2.28% | −10.68 pp |
| Q1 2017 | 2017-03-31 | −0.47% | −6.73 pp |
| Q4 2016 | 2016-12-31 | −52.69% | +8.66 pp |
| Q3 2016 | 2016-09-30 | −7.71% | −0.68 pp |
| Q2 2016 | 2016-06-30 | 12.95% | −3088.98 pp |
| Q1 2016 | 2016-03-31 | 6.27% | — |
| Q4 2015 | 2015-12-31 | −61.35% | — |
| Q3 2015 | 2015-09-30 | −7.03% | — |
| Q2 2015 | 2015-06-30 | 3,101.93% | — |
| Q4 2012 | 2012-12-31 | −203.09% | — |
| Q3 2012 | 2012-09-30 | 385.05% | +1354.88 pp |
| Q3 2011 | 2011-09-30 | −969.84% | — |
| Q2 2011 | 2011-06-30 | −139.65% | — |
Reflect Scientific return on equity trends
Over the last five fiscal years, Reflect Scientific's return on equity increased from −46.61% to −21.91%, a change of +24.69 percentage points. The latest reported quarter, Q3 2025, shows 1.93%.
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.
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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