Sps Commerce Return on Equity (ROE) Growth & History (SPSC)
Sps Commerce's return on equity was 10.21% for fiscal 2025.
View full Sps Commerce company overviewSps Commerce annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.21% | +0.08 pp |
| 2024 | 2024-12-31 | 10.12% | −0.80 pp |
| 2023 | 2023-12-31 | 10.93% | +0.13 pp |
| 2022 | 2022-12-31 | 10.80% | +0.94 pp |
| 2021 | 2021-12-31 | 9.86% | −1.90 pp |
| 2020 | 2020-12-31 | 11.76% | +1.75 pp |
| 2019 | 2019-12-31 | 10.01% | +2.14 pp |
| 2018 | 2018-12-31 | 7.86% | +7.74 pp |
| 2017 | 2017-12-31 | 0.13% | −1.90 pp |
| 2016 | 2016-12-31 | 2.03% | −0.10 pp |
| 2015 | 2015-12-31 | 2.13% | +0.77 pp |
| 2014 | 2014-12-31 | 1.36% | +0.72 pp |
| 2013 | 2013-12-31 | 0.64% | −0.62 pp |
| 2012 | 2012-12-31 | 1.26% | −25.33 pp |
| 2011 | 2011-12-31 | 26.59% | — |
Sps Commerce quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.72% | −1.39 pp |
| Q1 2026 | 2026-03-31 | 2.04% | −0.46 pp |
| Q4 2025 | 2025-12-31 | 2.67% | +0.59 pp |
| Q3 2025 | 2025-09-30 | 2.68% | −0.38 pp |
| Q2 2025 | 2025-06-30 | 2.11% | −0.49 pp |
| Q1 2025 | 2025-03-31 | 2.50% | −0.17 pp |
| Q4 2024 | 2024-12-31 | 2.09% | −0.85 pp |
| Q3 2024 | 2024-09-30 | 3.06% | +0.32 pp |
| Q2 2024 | 2024-06-30 | 2.60% | +0.08 pp |
| Q1 2024 | 2024-03-31 | 2.67% | −0.11 pp |
| Q4 2023 | 2023-12-31 | 2.94% | −0.11 pp |
| Q3 2023 | 2023-09-30 | 2.74% | −0.41 pp |
| Q2 2023 | 2023-06-30 | 2.52% | +0.34 pp |
| Q1 2023 | 2023-03-31 | 2.77% | +0.19 pp |
| Q4 2022 | 2022-12-31 | 3.05% | +0.37 pp |
| Q3 2022 | 2022-09-30 | 3.16% | +0.68 pp |
| Q2 2022 | 2022-06-30 | 2.18% | −0.10 pp |
| Q1 2022 | 2022-03-31 | 2.58% | +0.21 pp |
| Q4 2021 | 2021-12-31 | 2.67% | −0.63 pp |
| Q3 2021 | 2021-09-30 | 2.47% | −0.49 pp |
| Q2 2021 | 2021-06-30 | 2.27% | −0.80 pp |
| Q1 2021 | 2021-03-31 | 2.37% | −0.31 pp |
| Q4 2020 | 2020-12-31 | 3.30% | +0.68 pp |
| Q3 2020 | 2020-09-30 | 2.97% | +0.35 pp |
| Q2 2020 | 2020-06-30 | 3.07% | +0.44 pp |
| Q1 2020 | 2020-03-31 | 2.68% | +0.58 pp |
| Q4 2019 | 2019-12-31 | 2.62% | +0.35 pp |
| Q3 2019 | 2019-09-30 | 2.62% | −0.05 pp |
| Q2 2019 | 2019-06-30 | 2.63% | +0.77 pp |
| Q1 2019 | 2019-03-31 | 2.10% | +0.97 pp |
| Q4 2018 | 2018-12-31 | 2.27% | +4.63 pp |
| Q3 2018 | 2018-09-30 | 2.66% | +1.89 pp |
| Q2 2018 | 2018-06-30 | 1.86% | +1.15 pp |
| Q1 2018 | 2018-03-31 | 1.13% | +0.01 pp |
| Q4 2017 | 2017-12-31 | −2.36% | −3.08 pp |
| Q3 2017 | 2017-09-30 | 0.77% | −0.27 pp |
| Q2 2017 | 2017-06-30 | 0.71% | +0.56 pp |
| Q1 2017 | 2017-03-31 | 1.12% | +0.67 pp |
| Q4 2016 | 2016-12-31 | 0.72% | −0.24 pp |
| Q3 2016 | 2016-09-30 | 1.04% | +0.45 pp |
| Q2 2016 | 2016-06-30 | 0.15% | −0.16 pp |
| Q1 2016 | 2016-03-31 | 0.45% | +0.17 pp |
| Q4 2015 | 2015-12-31 | 0.96% | +0.54 pp |
| Q3 2015 | 2015-09-30 | 0.60% | +0.18 pp |
| Q2 2015 | 2015-06-30 | 0.31% | −0.02 pp |
| Q1 2015 | 2015-03-31 | 0.28% | +0.09 pp |
| Q4 2014 | 2014-12-31 | 0.42% | +0.25 pp |
| Q3 2014 | 2014-09-30 | 0.42% | +0.23 pp |
| Q2 2014 | 2014-06-30 | 0.32% | +0.12 pp |
| Q1 2014 | 2014-03-31 | 0.19% | +0.05 pp |
| Q4 2013 | 2013-12-31 | 0.18% | −0.10 pp |
| Q3 2013 | 2013-09-30 | 0.19% | +0.01 pp |
| Q2 2013 | 2013-06-30 | 0.21% | −0.48 pp |
| Q1 2013 | 2013-03-31 | 0.15% | −0.28 pp |
| Q4 2012 | 2012-12-31 | 0.27% | −24.73 pp |
| Q3 2012 | 2012-09-30 | 0.18% | −0.21 pp |
| Q2 2012 | 2012-06-30 | 0.69% | +0.94 pp |
| Q1 2012 | 2012-03-31 | 0.43% | — |
| Q4 2011 | 2011-12-31 | 25.00% | — |
| Q3 2011 | 2011-09-30 | 0.39% | — |
| Q2 2011 | 2011-06-30 | −0.25% | — |
Sps Commerce return on equity trends
Over the last five fiscal years, Sps Commerce's return on equity decreased from 11.76% to 10.21%, a change of −1.55 percentage points. The latest reported quarter, Q2 2026, shows 0.72%.
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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