Cartesian Therapeutics (RNAC) Return on Equity [ROE] (2016 - 2023)
Cartesian Therapeutics (RNAC) posted Return on Equity [ROE] of -61.96% for Q3 2023, down 93.79 percentage points from 31.84% a year earlier and down 7.89 percentage points from the prior quarter.
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Analysis
Cartesian Therapeutics (RNAC) Return on Equity [ROE] (2016 - 2023) Analysis & Trends
For FY2022, Cartesian Therapeutics' Return on Equity [ROE] came in at 60.82%, up 1198.67 percentage points from FY2021.
- Annual Return on Equity [ROE] shows a five-year change of +181.40 percentage points (FY2017 to FY2022).
- In prior years, Cartesian Therapeutics' Return on Equity [ROE] was -1137.85% in FY2021, -3716.01% in FY2019 (-3433.81 pp) and -282.21% in FY2018 (-161.62 pp).
- The Q3 2023 figure stands as the lowest quarterly Return on Equity [ROE] since Q4 2021.
- On a year-over-year basis, Return on Equity [ROE] has declined in each of the last three quarters, with an average year-over-year change of +139.83 percentage points over the last four quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q4 2019, with a gain of 3547.13 percentage points; the weakest was Q4 2018, with a drop of 6489.25 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was -54.07% (Q2 2023), -7.73% (Q1 2023) and 23.98% (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 74.39% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 19.33% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | - |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 5.63% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 21.60% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 72.13% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -31.17% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 4.66% |
| 10 | Cartesian Therapeutics | 210.06 Mn | -304.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -57.63% |
| Jun 30, 2023 | -50.23% |
| Mar 31, 2023 | -17.85% |
| Dec 31, 2022 | 39.60% |
| Sep 30, 2022 | 47.85% |
| Jun 30, 2022 | 43.75% |
| Mar 31, 2022 | 70.66% |
| Dec 31, 2021 | -1,355.67% |
| Dec 31, 2019 | -3,177.25% |
| Jun 30, 2019 | -795.55% |
| Mar 31, 2019 | -1,311.71% |
| Dec 31, 2018 | -6,600.10% |
| Sep 30, 2018 | -483.98% |
| Jun 30, 2018 | -227.44% |
| Mar 31, 2018 | -145.59% |
| Dec 31, 2017 | -111.60% |
| Sep 30, 2017 | -83.37% |
| Jun 30, 2017 | -88.44% |
| Mar 31, 2017 | -90.57% |
| Dec 31, 2016 | -59.37% |
API Access
Cartesian Therapeutics 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=RNAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "RNAC", "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=RNAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();