Stem, Inc. (STEM) Return on equity 2021–2023
Stem, Inc. (STEM) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-32.9%FY2023 · since FY2021: -15.2% → -32.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -32.9% | -10.5 pp |
| FY2022 | -22.5% | -7.3 pp |
| FY2021 | -15.2% | — |
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