FUELCELL ENERGY, INC. (FCELB) Return on equity 2016–2025
FUELCELL ENERGY, INC. (FCELB) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-28.4%FY2025 · since FY2016: -44.5% → -28.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -28.4% | -9.2 pp |
| FY2024 | -19.2% | -3.4 pp |
| FY2023 | -15.8% | +5.1 pp |
| FY2022 | -20.9% | -5.1 pp |
| FY2021 | -15.7% | +30.1 pp |
| FY2020 | -45.8% | +56.6 pp |
| FY2019 | -102.4% | -44.8 pp |
| FY2018 | -57.6% | -4.4 pp |
| FY2017 | -53.2% | -8.7 pp |
| FY2016 | -44.5% | — |
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