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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 34.18% |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 10.40% |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 9.39% |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 17.83% |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 57.77% |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 33.76% |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 65.20% |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | -1.51% |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | -96.75% |
| 10 | Research Frontiers | 25.45 Mn | 21.26 Mn | - | -81.99% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | -37.72% |
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_KEY
import 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();