GROWLIFE, INC. (PHOT) Return on Equity (2016 - 2023)

Growlife (PHOT) has disclosed Return on Equity for 11 consecutive years, with 0.74% as the latest value for Q2 2023.

  • On a quarterly basis, Return on Equity fell 40.0% to 0.74% in Q2 2023 year-over-year; TTM through Jun 2023 was 0.74%, a 40.0% decrease, with the full-year FY2022 number at 0.27%, up 27.0% from a year prior.
  • Return on Equity was 0.74% for Q2 2023 at Growlife, up from 0.62% in the prior quarter.
  • In the past five years, Return on Equity ranged from a high of 3.28% in Q1 2019 to a low of 0.24% in Q2 2021.
  • A 5-year average of 1.02% and a median of 0.84% in 2020 define the central range for Return on Equity.
  • Peak YoY movement for Return on Equity: surged 233bps in 2019, then plummeted -235bps in 2020.
  • Growlife's Return on Equity stood at 1.17% in 2019, then crashed by -71bps to 0.34% in 2020, then skyrocketed by 234bps to 1.15% in 2021, then tumbled by -50bps to 0.57% in 2022, then skyrocketed by 30bps to 0.74% in 2023.
  • Per Business Quant, the three most recent readings for PHOT's Return on Equity are 0.74% (Q2 2023), 0.62% (Q1 2023), and 0.57% (Q4 2022).