ESS Tech, Inc. (GWHWW) Return on equity 2021–2025
ESS Tech, Inc. (GWHWW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
736.1%FY2025 · since FY2021: -232.6% → 736.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 736.1% | +437.6 pp |
| FY2024 | 298.5% | +373.6 pp |
| FY2023 | -75.1% | -18.1 pp |
| FY2022 | -56.9% | +175.6 pp |
| FY2021 | -232.6% | — |
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