Local Bounti Corporation/DE (LOCL) Return on equity 2021–2023
Local Bounti Corporation/DE (LOCL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-812.0%FY2023 · since FY2021: -55.2% → -812.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -812.0% | -720.4 pp |
| FY2022 | -91.5% | -36.4 pp |
| FY2021 | -55.2% | — |
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
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