Kaival Brands Innovations (KAVL) Return on Assets [ROA] (2020 - 2026)
Kaival Brands Innovations (KAVL) reported Return on Assets [ROA] of -3174.30% for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 3106.00 percentage points from -68.30% a year earlier and down 1437.79 percentage points from the prior quarter.
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Analysis
Kaival Brands Innovations (KAVL) Return on Assets [ROA] (2020 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Kaival Brands Innovations posted Return on Assets [ROA] of -199.48%, down 161.62 percentage points from FY2024.
- Return on Assets [ROA] has a four-year change of -153.28 percentage points (FY2021 to FY2025).
- By fiscal year, Return on Assets [ROA] came in at -37.86% in FY2024 (+32.11 pp), -69.97% in FY2023 (-2.55 pp), -67.42% in FY2022 (-21.22 pp) and -46.20% in FY2021.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Return on Assets [ROA] in data going back to fiscal Q2 2020.
- Year over year, Return on Assets [ROA] has now declined in each of the last six quarters, with an average year-over-year change of -827.44 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was fiscal Q2 2024 (a gain of 61.65 percentage points); the low point was fiscal Q3 2026 (a drop of 3106.00 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at -1736.51% (Q2 2026), -1647.99% (Q1 2026) and -273.24% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 311.15 Bn | 290.80 Bn | 7.66 Bn | 16.66% |
| 2 | British American Tobacco p.l.c | 130.16 Bn | 106.53 Bn | - | - |
| 3 | Altria | 124.18 Bn | 110.34 Bn | 3.82 Bn | 23.46% |
| 4 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn | -1.14% |
| 5 | Trulieve Cannabis | 2.00 Bn | 619.27 Mn | 162.29 Mn | -19.60% |
| 6 | RLX Technology | 1.98 Bn | -1.79 Bn | 52.74 Mn | 5.78% |
| 7 | Green Thumb Industries | 1.41 Bn | 261.84 Mn | 137.87 Mn | 4.44% |
| 8 | Turning Point Brands | 1.28 Bn | 384.85 Mn | 93.70 Mn | 7.33% |
| 9 | Cronos | 1.25 Bn | -2.03 Bn | 28.45 Mn | 6.74% |
| 10 | Kaival Brands Innovations | 345,318.90 | -1.40 Mn | - | -3,174.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -3,174.30% |
| Apr 30, 2026 | -1,736.51% |
| Jan 31, 2026 | -1,647.99% |
| Oct 31, 2025 | -273.24% |
| Jul 31, 2025 | -68.30% |
| Apr 30, 2025 | -69.33% |
| Jan 31, 2025 | -57.50% |
| Oct 31, 2024 | -39.94% |
| Jul 31, 2024 | -48.29% |
| Apr 30, 2024 | -51.84% |
| Jan 31, 2024 | -57.51% |
| Oct 31, 2023 | -54.89% |
| Jul 31, 2023 | -71.74% |
| Apr 30, 2023 | -113.49% |
| Jan 31, 2023 | -114.50% |
| Oct 31, 2022 | -108.23% |
| Jul 31, 2022 | -84.68% |
| Apr 30, 2022 | -62.66% |
| Jan 31, 2022 | -44.91% |
| Oct 31, 2021 | -33.40% |
API Access
Kaival Brands Innovations Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=KAVL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "KAVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=KAVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();