Growth Metrics

Right On Brands, Inc. (RTON) Return on Equity (2016 - 2023)

Right On Brands' Return on Equity history spans 8 years, with the latest figure at 0.56% for Q4 2023.

  • For Q4 2023, Return on Equity rose 63.0% year-over-year to 0.56%; the TTM value through Dec 2023 reached 0.56%, up 63.0%, while the annual FY2023 figure was 0.02%, 28.0% down from the prior year.
  • Return on Equity for Q4 2023 was 0.56% at Right On Brands, up from 0.41% in the prior quarter.
  • Across five years, Return on Equity topped out at 8.16% in Q1 2019 and bottomed at 0.13% in Q2 2022.
  • The 5-year median for Return on Equity is 1.26% (2020), against an average of 1.63%.
  • The largest annual shift saw Return on Equity skyrocketed 864bps in 2019 before it crashed -622bps in 2020.
  • A 5-year view of Return on Equity shows it stood at 3.6% in 2019, then plummeted by -65bps to 1.26% in 2020, then skyrocketed by 32bps to 1.67% in 2021, then plummeted by -104bps to 0.07% in 2022, then surged by 896bps to 0.56% in 2023.
  • Per Business Quant, the three most recent readings for RTON's Return on Equity are 0.56% (Q4 2023), 0.41% (Q3 2023), and 0.48% (Q2 2023).