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%
| Fiscal year | Value | YoY |
|---|---|---|
| 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