Sonendo Return on Equity (ROE) Growth & History (SONX)
Sonendo's return on equity was −166.81% for fiscal 2024.
View full Sonendo company overviewSonendo annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −166.81% | −56.43 pp |
| 2023 | 2023-12-31 | −110.39% | −36.30 pp |
| 2022 | 2022-12-31 | −74.08% | — |
Sonendo quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2024 | 2024-12-31 | −78.85% | −45.99 pp |
| Q3 2024 | 2024-09-30 | −52.27% | −14.88 pp |
| Q2 2024 | 2024-06-30 | −34.74% | −5.65 pp |
| Q1 2024 | 2024-03-31 | −25.54% | −5.12 pp |
| Q4 2023 | 2023-12-31 | −32.86% | −20.27 pp |
| Q3 2023 | 2023-09-30 | −37.39% | −14.44 pp |
| Q2 2023 | 2023-06-30 | −29.09% | +0.24 pp |
| Q1 2023 | 2023-03-31 | −20.42% | +3.41 pp |
| Q4 2022 | 2022-12-31 | −12.60% | — |
| Q3 2022 | 2022-09-30 | −22.95% | — |
| Q2 2022 | 2022-06-30 | −29.33% | — |
| Q1 2022 | 2022-03-31 | −23.84% | — |
Sonendo return on equity trends
Between the periods ended 2022-12-31 and 2024-12-31, Sonendo's return on equity decreased from −74.08% to −166.81%, a change of −92.73 percentage points. The latest reported quarter, Q4 2024, shows −78.85%.
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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