FTC Solar (FTCI) Return on Equity (2020 - 2022)
FTC Solar (FTCI) has disclosed Return on Equity for 3 consecutive years, with 0.09% as the latest value for Q3 2022.
- For the quarter ending Q3 2022, Return on Equity rose 12.0% year-over-year to 0.09%, compared with a TTM value of 0.09% through Sep 2022, up 12.0%, and an annual FY2024 reading of 1.2%, down 41.0% over the prior year.
- Return on Equity was 0.09% for Q3 2022 at FTC Solar, up from 0.15% in the prior quarter.
- Across five years, Return on Equity topped out at 0.03% in Q4 2020 and bottomed at 2.66% in Q1 2021.
- Average Return on Equity over 3 years is 0.49%, with a median of 0.23% recorded in 2021.
- The sharpest move saw Return on Equity decreased -23bps in 2021, then soared 241bps in 2022.
- Year by year, Return on Equity stood at 0.03% in 2020, then plummeted by -689bps to 0.26% in 2021, then surged by 64bps to 0.09% in 2022.
- Business Quant data shows Return on Equity for FTCI at 0.09% in Q3 2022, 0.15% in Q2 2022, and 0.25% in Q1 2022.