Local Bounti Corporation (LOCL) Return on Equity [ROE] (2021 - 2024)
Local Bounti Corporation's Return on Equity [ROE] was -3705.15% in Q1 2024, down 3625.64 percentage points from -79.51% a year earlier and down 3453.93 percentage points from the prior quarter.
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Analysis
Local Bounti Corporation (LOCL) Return on Equity [ROE] (2021 - 2024) Analysis & Trends
For FY2023, Return on Equity [ROE] at Local Bounti Corporation came in at -171.16%, down 86.39 percentage points from FY2022.
- In earlier years, Return on Equity [ROE] was -84.77% in FY2022 (+28.42 pp) and -113.19% in FY2021.
- The Q1 2024 figure marks the lowest quarterly Return on Equity [ROE] in data going back to Q4 2021.
- Compared with a year earlier, Return on Equity [ROE] has declined for five straight quarters, with an average year-over-year change of -632.60 percentage points over the last six quarters.
- Per Business Quant data, LOCL's Return on Equity [ROE] in the three quarters before Q1 2024 was -251.22% (Q4 2023), -90.65% (Q3 2023) and -81.80% (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 32.98 Bn | 29.75 Bn | 1.89 Bn | 10.52% |
| 2 | Tyson Foods | 21.20 Bn | 17.56 Bn | 921.00 Mn | 3.29% |
| 3 | Bunge Global | 19.10 Bn | 17.51 Bn | 1.33 Bn | 6.93% |
| 4 | Jbs | 13.72 Bn | -1.87 Bn | 2.41 Bn | 9.29% |
| 5 | Darling Ingredients | 7.99 Bn | 7.57 Bn | 477.54 Mn | 15.90% |
| 6 | Smithfield Foods | 7.58 Bn | 2.40 Bn | 313.00 Mn | 12.98% |
| 7 | Pilgrims Pride | 6.72 Bn | 4.22 Bn | 333.67 Mn | 8.34% |
| 8 | Ingredion | 5.73 Bn | 1.83 Bn | 399.00 Mn | 12.54% |
| 9 | Scotts Miracle-Gro | 3.79 Bn | 3.79 Bn | - | - |
| 10 | Local Bounti Corporation | 22.68 Mn | -3.64 Mn | 1.05 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -3,715.17% |
| Dec 31, 2023 | -251.53% |
| Sep 30, 2023 | -90.82% |
| Jun 30, 2023 | -82.03% |
| Mar 31, 2023 | -79.55% |
| Dec 31, 2022 | -78.55% |
| Sep 30, 2022 | -77.74% |
| Jun 30, 2022 | -74.40% |
| Mar 31, 2022 | -63.79% |
| Dec 31, 2021 | -117.32% |
API Access
Local Bounti Corporation Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=LOCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "LOCL", "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-equity-%5Broe%5D&ticker=LOCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();