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 overviewSpindletop Oil & Gas annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −12.19% | −8.46 pp |
| 2024 | 2024-12-31 | −3.73% | −3.77 pp |
| 2023 | 2023-12-31 | 0.04% | −3.92 pp |
| 2022 | 2022-12-31 | 3.96% | — |
| 2017 | 2017-12-31 | −0.02% | −7.48 pp |
| 2016 | 2016-12-31 | 7.46% | +34.51 pp |
| 2015 | 2015-12-31 | −27.05% | −41.20 pp |
| 2014 | 2014-12-31 | 14.15% | −4.23 pp |
| 2013 | 2013-12-31 | 18.38% | — |
Spindletop Oil & Gas quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.99% | +5.42 pp |
| Q1 2026 | 2026-03-31 | 1.78% | +0.88 pp |
| Q4 2025 | 2025-12-31 | −14.09% | −9.87 pp |
| Q3 2025 | 2025-09-30 | 1.27% | +0.43 pp |
| Q2 2025 | 2025-06-30 | −0.42% | +0.39 pp |
| Q1 2025 | 2025-03-31 | 0.90% | +0.45 pp |
| Q4 2024 | 2024-12-31 | −4.21% | — |
| Q3 2024 | 2024-09-30 | 0.85% | −2.45 pp |
| Q2 2024 | 2024-06-30 | −0.81% | — |
| Q1 2024 | 2024-03-31 | 0.45% | — |
| Q3 2023 | 2023-09-30 | 3.30% | — |
| Q3 2018 | 2018-09-30 | −0.52% | −1.92 pp |
| Q2 2018 | 2018-06-30 | 3.95% | +3.15 pp |
| Q1 2018 | 2018-03-31 | 1.76% | +0.59 pp |
| Q4 2017 | 2017-12-31 | −3.37% | −12.70 pp |
| Q3 2017 | 2017-09-30 | 1.39% | +1.96 pp |
| Q2 2017 | 2017-06-30 | 0.79% | +0.32 pp |
| Q1 2017 | 2017-03-31 | 1.17% | +2.81 pp |
| Q4 2016 | 2016-12-31 | 9.33% | +33.97 pp |
| Q3 2016 | 2016-09-30 | −0.57% | +1.44 pp |
| Q2 2016 | 2016-06-30 | 0.47% | +0.27 pp |
| Q1 2016 | 2016-03-31 | −1.64% | −0.99 pp |
| Q4 2015 | 2015-12-31 | −24.64% | −24.40 pp |
| Q3 2015 | 2015-09-30 | −2.00% | −5.91 pp |
| Q2 2015 | 2015-06-30 | 0.20% | −5.34 pp |
| Q1 2015 | 2015-03-31 | −0.65% | −5.13 pp |
| Q4 2014 | 2014-12-31 | −0.24% | — |
| Q3 2014 | 2014-09-30 | 3.90% | — |
| Q2 2014 | 2014-06-30 | 5.54% | — |
| Q1 2014 | 2014-03-31 | 4.48% | — |
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%.
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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