Vanda Pharmaceuticals Return on Equity (ROE) Growth & History (VNDA)
Vanda Pharmaceuticals's return on equity was −50.93% for fiscal 2025.
View full Vanda Pharmaceuticals company overviewVanda Pharmaceuticals annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −50.93% | −47.44 pp |
| 2024 | 2024-12-31 | −3.49% | −3.96 pp |
| 2023 | 2023-12-31 | 0.47% | −0.75 pp |
| 2022 | 2022-12-31 | 1.22% | −5.70 pp |
| 2021 | 2021-12-31 | 6.92% | +1.52 pp |
| 2020 | 2020-12-31 | 5.40% | −28.27 pp |
| 2019 | 2019-12-31 | 33.67% | +21.28 pp |
| 2018 | 2018-12-31 | 12.39% | +24.24 pp |
| 2017 | 2017-12-31 | −11.85% | +1.77 pp |
| 2016 | 2016-12-31 | −13.63% | +13.51 pp |
| 2015 | 2015-12-31 | −27.13% | −46.83 pp |
| 2014 | 2014-12-31 | 19.70% | +97.64 pp |
| 2013 | 2013-12-31 | −77.94% | +54.00 pp |
| 2012 | 2012-12-31 | −131.94% | −104.41 pp |
| 2011 | 2011-12-31 | −27.53% | −51.20 pp |
| 2010 | 2010-12-31 | 23.67% | — |
Vanda Pharmaceuticals quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −24.96% | −19.50 pp |
| Q1 2026 | 2026-03-31 | −15.98% | −10.36 pp |
| Q4 2025 | 2025-12-31 | −35.60% | −34.69 pp |
| Q3 2025 | 2025-09-30 | −4.74% | −3.76 pp |
| Q2 2025 | 2025-06-30 | −5.45% | −4.62 pp |
| Q1 2025 | 2025-03-31 | −5.62% | −4.86 pp |
| Q4 2024 | 2024-12-31 | −0.91% | −0.47 pp |
| Q3 2024 | 2024-09-30 | −0.98% | −1.01 pp |
| Q2 2024 | 2024-06-30 | −0.83% | −1.11 pp |
| Q1 2024 | 2024-03-31 | −0.76% | −1.37 pp |
| Q4 2023 | 2023-12-31 | −0.44% | −1.76 pp |
| Q3 2023 | 2023-09-30 | 0.03% | −0.61 pp |
| Q2 2023 | 2023-06-30 | 0.28% | −0.23 pp |
| Q1 2023 | 2023-03-31 | 0.61% | +1.89 pp |
| Q4 2022 | 2022-12-31 | 1.32% | −0.10 pp |
| Q3 2022 | 2022-09-30 | 0.64% | −0.96 pp |
| Q2 2022 | 2022-06-30 | 0.51% | −1.53 pp |
| Q1 2022 | 2022-03-31 | −1.28% | −3.16 pp |
| Q4 2021 | 2021-12-31 | 1.42% | −0.41 pp |
| Q3 2021 | 2021-09-30 | 1.59% | +0.23 pp |
| Q2 2021 | 2021-06-30 | 2.03% | −0.02 pp |
| Q1 2021 | 2021-03-31 | 1.88% | +1.76 pp |
| Q4 2020 | 2020-12-31 | 1.83% | +0.79 pp |
| Q3 2020 | 2020-09-30 | 1.36% | −27.43 pp |
| Q2 2020 | 2020-06-30 | 2.06% | −1.95 pp |
| Q1 2020 | 2020-03-31 | 0.12% | +0.34 pp |
| Q4 2019 | 2019-12-31 | 1.04% | −2.82 pp |
| Q3 2019 | 2019-09-30 | 28.79% | +25.99 pp |
| Q2 2019 | 2019-06-30 | 4.01% | +2.14 pp |
| Q1 2019 | 2019-03-31 | −0.22% | −1.87 pp |
| Q4 2018 | 2018-12-31 | 3.86% | +5.26 pp |
| Q3 2018 | 2018-09-30 | 2.80% | +6.27 pp |
| Q2 2018 | 2018-06-30 | 1.87% | +3.05 pp |
| Q1 2018 | 2018-03-31 | 1.65% | +7.54 pp |
| Q4 2017 | 2017-12-31 | −1.40% | −0.94 pp |
| Q3 2017 | 2017-09-30 | −3.47% | −3.13 pp |
| Q2 2017 | 2017-06-30 | −1.18% | +2.59 pp |
| Q1 2017 | 2017-03-31 | −5.89% | +3.76 pp |
| Q4 2016 | 2016-12-31 | −0.46% | +10.14 pp |
| Q3 2016 | 2016-09-30 | −0.34% | +6.06 pp |
| Q2 2016 | 2016-06-30 | −3.78% | −0.21 pp |
| Q1 2016 | 2016-03-31 | −9.65% | −3.13 pp |
| Q4 2015 | 2015-12-31 | −10.61% | −96.75 pp |
| Q3 2015 | 2015-09-30 | −6.40% | +140.01 pp |
| Q2 2015 | 2015-06-30 | −3.56% | +193.76 pp |
| Q1 2015 | 2015-03-31 | −6.52% | +74.98 pp |
| Q4 2014 | 2014-12-31 | 86.14% | +102.60 pp |
| Q3 2014 | 2014-09-30 | −146.41% | −126.76 pp |
| Q2 2014 | 2014-06-30 | −197.32% | −138.52 pp |
| Q1 2014 | 2014-03-31 | −81.51% | −26.35 pp |
| Q4 2013 | 2013-12-31 | −16.46% | +33.97 pp |
| Q3 2013 | 2013-09-30 | −19.65% | +10.41 pp |
| Q2 2013 | 2013-06-30 | −58.80% | −24.73 pp |
| Q1 2013 | 2013-03-31 | −55.16% | −28.79 pp |
| Q4 2012 | 2012-12-31 | −50.43% | −34.91 pp |
| Q3 2012 | 2012-09-30 | −30.06% | −22.10 pp |
| Q2 2012 | 2012-06-30 | −34.07% | −30.60 pp |
| Q1 2012 | 2012-03-31 | −26.37% | — |
| Q4 2011 | 2011-12-31 | −15.52% | — |
| Q3 2011 | 2011-09-30 | −7.96% | — |
| Q2 2011 | 2011-06-30 | −3.47% | — |
Vanda Pharmaceuticals return on equity trends
Over the last five fiscal years, Vanda Pharmaceuticals's return on equity decreased from 5.40% to −50.93%, a change of −56.33 percentage points. The latest reported quarter, Q2 2026, shows −24.96%.
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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