XMax Return on Equity (ROE) Growth & History (XMAX)
XMax's return on equity was −22.00% for fiscal 2025.
View full XMax company overviewXMax annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −22.00% | +285.29 pp |
| 2024 | 2024-12-31 | −307.29% | −89.98 pp |
| 2023 | 2023-12-31 | −217.31% | −103.51 pp |
| 2022 | 2022-12-31 | −113.80% | −51.78 pp |
| 2021 | 2021-12-31 | −62.02% | −13.27 pp |
| 2020 | 2020-12-31 | −48.76% | −36.55 pp |
| 2019 | 2019-12-31 | −12.20% | −19.60 pp |
| 2018 | 2018-12-31 | 7.39% | +1.68 pp |
| 2017 | 2017-12-31 | 5.72% | +7.53 pp |
| 2016 | 2016-12-31 | −1.81% | −5.75 pp |
| 2015 | 2015-12-31 | 3.94% | −14.97 pp |
| 2014 | 2014-12-31 | 18.90% | +4.81 pp |
| 2013 | 2013-12-31 | 14.09% | −6.33 pp |
| 2012 | 2012-12-31 | 20.42% | −9.72 pp |
| 2011 | 2011-12-31 | 30.14% | — |
XMax quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 44.23% | +48.58 pp |
| Q1 2026 | 2026-03-31 | 0.56% | +7.41 pp |
| Q4 2025 | 2025-12-31 | −8.01% | +88.01 pp |
| Q3 2025 | 2025-09-30 | −11.19% | — |
| Q2 2025 | 2025-06-30 | −4.35% | +20613.61 pp |
| Q1 2025 | 2025-03-31 | −6.85% | +638.09 pp |
| Q4 2024 | 2024-12-31 | −96.01% | +114.35 pp |
| Q2 2024 | 2024-06-30 | −20,617.97% | −20607.48 pp |
| Q1 2024 | 2024-03-31 | −644.94% | −624.64 pp |
| Q4 2023 | 2023-12-31 | −210.36% | −126.77 pp |
| Q3 2023 | 2023-09-30 | −29.32% | −18.38 pp |
| Q2 2023 | 2023-06-30 | −10.48% | +18.32 pp |
| Q1 2023 | 2023-03-31 | −20.30% | −16.40 pp |
| Q4 2022 | 2022-12-31 | −83.59% | −44.21 pp |
| Q3 2022 | 2022-09-30 | −10.94% | −6.84 pp |
| Q2 2022 | 2022-06-30 | −28.81% | −11.52 pp |
| Q1 2022 | 2022-03-31 | −3.90% | −2.01 pp |
| Q4 2021 | 2021-12-31 | −39.38% | −6.47 pp |
| Q3 2021 | 2021-09-30 | −4.10% | +9.41 pp |
| Q2 2021 | 2021-06-30 | −17.29% | −16.49 pp |
| Q1 2021 | 2021-03-31 | −1.89% | +0.16 pp |
| Q4 2020 | 2020-12-31 | −32.91% | −21.48 pp |
| Q3 2020 | 2020-09-30 | −13.51% | −12.98 pp |
| Q2 2020 | 2020-06-30 | −0.80% | −0.75 pp |
| Q1 2020 | 2020-03-31 | −2.05% | −1.85 pp |
| Q4 2019 | 2019-12-31 | −11.43% | −15.21 pp |
| Q3 2019 | 2019-09-30 | −0.53% | +0.15 pp |
| Q2 2019 | 2019-06-30 | −0.05% | −1.96 pp |
| Q1 2019 | 2019-03-31 | −0.20% | −2.58 pp |
| Q4 2018 | 2018-12-31 | 3.78% | +1.62 pp |
| Q3 2018 | 2018-09-30 | −0.68% | −5.22 pp |
| Q2 2018 | 2018-06-30 | 1.91% | +1.02 pp |
| Q1 2018 | 2018-03-31 | 2.38% | +4.31 pp |
| Q4 2017 | 2017-12-31 | 2.16% | +3.50 pp |
| Q3 2017 | 2017-09-30 | 4.54% | +4.04 pp |
| Q2 2017 | 2017-06-30 | 0.89% | +2.02 pp |
| Q1 2017 | 2017-03-31 | −1.93% | −2.09 pp |
| Q4 2016 | 2016-12-31 | −1.34% | −2.49 pp |
| Q3 2016 | 2016-09-30 | 0.50% | +0.45 pp |
| Q2 2016 | 2016-06-30 | −1.14% | −0.89 pp |
| Q1 2016 | 2016-03-31 | 0.16% | −2.92 pp |
| Q4 2015 | 2015-12-31 | 1.15% | −2.35 pp |
| Q3 2015 | 2015-09-30 | 0.05% | −6.46 pp |
| Q2 2015 | 2015-06-30 | −0.25% | −8.09 pp |
| Q1 2015 | 2015-03-31 | 3.08% | +2.31 pp |
| Q4 2014 | 2014-12-31 | 3.50% | +0.06 pp |
| Q3 2014 | 2014-09-30 | 6.51% | +3.01 pp |
| Q2 2014 | 2014-06-30 | 7.84% | +4.22 pp |
| Q1 2014 | 2014-03-31 | 0.78% | −3.03 pp |
| Q4 2013 | 2013-12-31 | 3.44% | −2.64 pp |
| Q3 2013 | 2013-09-30 | 3.50% | −0.98 pp |
| Q2 2013 | 2013-06-30 | 3.62% | −1.77 pp |
| Q1 2013 | 2013-03-31 | 3.80% | −0.22 pp |
| Q4 2012 | 2012-12-31 | 6.07% | −3.57 pp |
| Q3 2012 | 2012-09-30 | 4.48% | −5.10 pp |
| Q2 2012 | 2012-06-30 | 5.39% | +1.13 pp |
| Q1 2012 | 2012-03-31 | 4.03% | — |
| Q4 2011 | 2011-12-31 | 9.64% | — |
| Q3 2011 | 2011-09-30 | 9.57% | — |
| Q2 2011 | 2011-06-30 | 4.26% | — |
XMax return on equity trends
Over the last five fiscal years, XMax's return on equity increased from −48.76% to −22.00%, a change of +26.76 percentage points. The latest reported quarter, Q2 2026, shows 44.23%.
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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