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Home/GROVW/Return on equity

Grove Collaborative Holdings, Inc. (GROVW) Return on equity 2022–2023

Grove Collaborative Holdings, Inc. (GROVW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.

-532.3%FY2023 · since FY2022: -330.6% → -532.3%
2223
Fiscal yearValueYoY
FY2023-532.3%-201.7 pp
FY2022-330.6%—

ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).

Source: SEC XBRL filings · For reference only · Not investment advice

More GROVW financial trends

GROVW RevenueGROVW Net incomeGROVW Net marginGROVW Gross profitGROVW Gross marginGROVW Operating incomeGROVW Operating marginGROVW Operating cash flowGROVW Free cash flowGROVW Capital expendituresGROVW Stock buybacksGROVW Dividends paidGROVW Total assetsGROVW Total liabilitiesGROVW Shareholders’ equityGROVW overview →