Research Frontiers (REFR) Return on Assets [ROA] (2011 - 2026)
Research Frontiers (REFR) posted Return on Assets [ROA] of -81.99% for Q2 2026, down 26.93 percentage points from -55.06% a year earlier but up 8.89 percentage points from the prior quarter.
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Analysis
Research Frontiers (REFR) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Research Frontiers' Return on Assets [ROA] came in at -67.78%, down 31.23 percentage points from FY2024.
- Annual Return on Assets [ROA] shows a five-year change of -32.60 percentage points (FY2020 to FY2025).
- In prior years, Research Frontiers' Return on Assets [ROA] was -36.55% in FY2024 (+7.57 pp), -44.12% in FY2023 (+8.85 pp), -52.97% in FY2022 (-18.74 pp) and -34.23% in FY2021 (+0.96 pp).
- Quarterly Return on Assets [ROA] has run from a low of -90.88% in Q1 2026 to a high of -31.04% in Q1 2025 over five years.
- On a year-over-year basis, Return on Assets [ROA] has declined in each of the last five quarters, with an average year-over-year change of -15.11 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q1 2025, with a gain of 23.59 percentage points; the weakest was Q1 2026, with a drop of 59.84 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was -90.88% (Q1 2026), -84.93% (Q4 2025) and -66.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,150.22 Bn | 4,895.69 Bn | 54.82 Bn | 33.55% |
| 2 | Cisco Systems | 390.67 Bn | 326.60 Bn | 11.06 Bn | 10.40% |
| 3 | Arista Networks | 234.99 Bn | 184.19 Bn | 2.33 Bn | 19.40% |
| 4 | Dell Technologies | 223.66 Bn | 179.42 Bn | 9.83 Bn | 9.39% |
| 5 | Sony | 161.53 Bn | 96.07 Bn | 7.96 Bn | -4.53% |
| 6 | Sandisk | 129.94 Bn | 114.77 Bn | 9.38 Bn | 80.42% |
| 7 | Seagate Technology Holdings | 115.51 Bn | 110.35 Bn | 2.43 Bn | 43.31% |
| 8 | Western Digital | 105.83 Bn | 95.66 Bn | 2.53 Bn | 71.32% |
| 9 | Hewlett Packard Enterprise | 63.65 Bn | 41.53 Bn | 4.93 Bn | 3.42% |
| 10 | Research Frontiers | 14.34 Mn | 10.63 Mn | - | -112.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -112.04% |
| Jun 30, 2026 | -81.99% |
| Mar 31, 2026 | -90.88% |
| Dec 31, 2025 | -84.93% |
| Sep 30, 2025 | -66.74% |
| Jun 30, 2025 | -55.06% |
| Mar 31, 2025 | -31.04% |
| Dec 31, 2024 | -40.97% |
| Sep 30, 2024 | -41.48% |
| Jun 30, 2024 | -46.50% |
| Mar 31, 2024 | -54.63% |
| Dec 31, 2023 | -50.34% |
| Sep 30, 2023 | -52.17% |
| Jun 30, 2023 | -45.97% |
| Mar 31, 2023 | -47.51% |
| Dec 31, 2022 | -46.33% |
| Sep 30, 2022 | -56.97% |
| Jun 30, 2022 | -59.63% |
| Mar 31, 2022 | -44.05% |
| Dec 31, 2021 | -37.86% |
API Access
Research Frontiers 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=REFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "REFR", "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=REFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();