Townsquare Media Return on Equity (ROE) Growth & History (TSQ)

Townsquare Media's return on equity was −113.84% for fiscal 2023.

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Townsquare Media annual return on equity history

Townsquare Media annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20232023-12-31−113.84%−134.63 pp
20222022-12-3120.79%−1.47 pp
20212021-12-3122.26%+80.51 pp
20202020-12-31−58.24%−27.30 pp
20192019-12-31−30.95%+1.04 pp
20182018-12-31−31.99%−28.33 pp
20172017-12-31−3.66%−9.77 pp
20162016-12-316.11%+3.33 pp
20152015-12-312.78%+8.79 pp
20142014-12-31−6.01%−10.56 pp
20132013-12-314.55%

Townsquare Media return on equity trends

Over the last five fiscal years, Townsquare Media's return on equity decreased from −31.99% to −113.84%, a change of −81.85 percentage points. The latest reported quarter, Q1 2024, shows 19.33%.

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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