FTC Solar, Inc. (FTCI) Return on equity 2020–2024
FTC Solar, Inc. (FTCI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-255.3%FY2024 · since FY2020: -213.7% → -255.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -255.3% | -174.8 pp |
| FY2023 | -80.5% | +69.4 pp |
| FY2022 | -149.9% | -75.3 pp |
| FY2021 | -74.6% | +139.1 pp |
| FY2020 | -213.7% | — |
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 FTCI financial trends
FTCI RevenueFTCI Net incomeFTCI Net marginFTCI Gross profitFTCI Gross marginFTCI Operating incomeFTCI Operating marginFTCI Operating cash flowFTCI Free cash flowFTCI Capital expendituresFTCI Stock buybacksFTCI Dividends paidFTCI Total assetsFTCI Total liabilitiesFTCI Shareholders’ equityFTCI overview →