Spindletop Oil & Gas Return on Equity (ROE) Growth & History (SPND)

Spindletop Oil & Gas's return on equity was −12.19% for fiscal 2025.

View full Spindletop Oil & Gas company overview

Spindletop Oil & Gas annual return on equity history

Spindletop Oil & Gas annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20252025-12-31−12.19%−8.46 pp
20242024-12-31−3.73%−3.77 pp
20232023-12-310.04%−3.92 pp
20222022-12-313.96%
20172017-12-31−0.02%−7.48 pp
20162016-12-317.46%+34.51 pp
20152015-12-31−27.05%−41.20 pp
20142014-12-3114.15%−4.23 pp
20132013-12-3118.38%

Spindletop Oil & Gas return on equity trends

Between the periods ended 2013-12-31 and 2025-12-31, Spindletop Oil & Gas's return on equity decreased from 18.38% to −12.19%, a change of −30.57 percentage points. The latest reported quarter, Q2 2026, shows 4.99%.

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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