Virgin Galactic Holdings, Inc. (SPCE) Return on equity 2017–2025
Virgin Galactic Holdings, Inc. (SPCE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-101.8%FY2025 · since FY2017: -599.1% → -101.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -101.8% | +5.8 pp |
| FY2024 | -107.6% | -8.2 pp |
| FY2023 | -99.4% | +4.8 pp |
| FY2022 | -104.1% | -64.7 pp |
| FY2021 | -39.5% | +82.9 pp |
| FY2020 | -122.4% | -59.7 pp |
| FY2019 | -62.7% | +269.7 pp |
| FY2018 | -332.4% | +266.7 pp |
| FY2017 | -599.1% | — |
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 SPCE financial trends
SPCE RevenueSPCE Net incomeSPCE Net marginSPCE Gross profitSPCE Gross marginSPCE Operating incomeSPCE Operating marginSPCE Operating cash flowSPCE Free cash flowSPCE Capital expendituresSPCE Stock buybacksSPCE Dividends paidSPCE Total assetsSPCE Total liabilitiesSPCE Shareholders’ equitySPCE overview →