Mind Technology (MIND) Return on Equity [ROE] (2011 - 2026)
Mind Technology's Return on Equity [ROE] was -5.70% in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 21.14 percentage points from 15.44% a year earlier and down 8.91 percentage points from the prior quarter.
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Analysis
Mind Technology (MIND) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Return on Equity [ROE] at Mind Technology came in at 2.18%, down 18.13 percentage points from FY2025.
- Return on Equity [ROE] shows a five-year change of +54.20 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Equity [ROE] was 20.31% in FY2025 (+19.11 pp), 1.20% in FY2024 (+39.35 pp), -38.15% in FY2023 (+11.57 pp) and -49.72% in FY2022 (+2.30 pp).
- The fiscal Q2 2027 figure marks the lowest quarterly Return on Equity [ROE] since fiscal Q3 2024.
- Compared with a year earlier, Return on Equity [ROE] has declined for five straight quarters, with an average year-over-year change of -0.79 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was fiscal Q3 2024 (a gain of 55.50 percentage points); the worst was fiscal Q2 2027 (a drop of 21.14 percentage points).
- Per Business Quant data, MIND's Return on Equity [ROE] in the three fiscal quarters before Q2 2027 was 3.21% (Q1 2027), 1.90% (Q4 2026) and 8.88% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 56.98% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 34.94% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 17.59% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 19.13% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 24.30% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 38.48% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 12.67% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 95.38% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 104.29% |
| 10 | Mind Technology | 40.45 Mn | -31.55 Mn | 2.09 Mn | -5.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -5.70% |
| Apr 30, 2026 | 3.21% |
| Jan 31, 2026 | 1.90% |
| Oct 31, 2025 | 8.88% |
| Jul 31, 2025 | 15.44% |
| Apr 30, 2025 | 11.67% |
| Jan 31, 2025 | 19.32% |
| Oct 31, 2024 | 18.05% |
| Jul 31, 2024 | 15.63% |
| Apr 30, 2024 | 6.35% |
| Jan 31, 2024 | 1.25% |
| Oct 31, 2023 | -8.61% |
| Jul 31, 2023 | -34.12% |
| Apr 30, 2023 | -34.81% |
| Jan 31, 2023 | -44.89% |
| Oct 31, 2022 | -64.12% |
| Jul 31, 2022 | -48.42% |
| Apr 30, 2022 | -47.11% |
| Jan 31, 2022 | -54.73% |
| Oct 31, 2021 | -48.65% |
API Access
Mind Technology 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=MIND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "MIND", "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=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();