Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 8.04% is in line with its 5-year average of 7.87%, around the middle of its 5-year range (4.70%–14.88%).
As of the fiscal period ended Friday, July 31, 2026. 11.46% above its 12-month average of 7.21%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-07-31): 8.04%.
RETURN ON EQUITY (ROE)
8.04%
RETURN ON EQUITY (ROE) AVG TTM
7.21%
RETURN ON EQUITY (ROE) AVG 3Y
6.69%
RETURN ON EQUITY (ROE) AVG 5Y
7.87%
RETURN ON EQUITY (ROE) AVG 10Y
11.49%
RETURN ON EQUITY (ROE) AVG 15Y
17.08%
RETURN ON EQUITY (ROE) AVG 20Y
16.12%
CURRENT VS TTM AVG
+11.46%
CURRENT VS 3Y AVG
+20.11%
CURRENT VS 5Y AVG
+2.18%
CURRENT VS 10Y AVG
-30.01%
CURRENT VS 15Y AVG
-52.92%
CURRENT VS 20Y AVG
-50.12%
SECTOR MEDIAN · INDUSTRIALS
5.27%
median of 447 covered companies
CURRENT VS SECTOR MEDIAN
+52.56%
vs the sector median at left
Coda Octopus Group, Inc.
Market Cap
$122.51M
Return on Equity (ROE)
8.04%
TTM Avg
7.21%
3Y Avg
6.69%
5Y Avg
7.87%
Market Cap
$124.14M
Return on Equity (ROE)
23.43%
TTM Avg
23.43%
3Y Avg
23.71%
5Y Avg
31.82%
Market Cap
$125.82M
Return on Equity (ROE)
N/A
TTM Avg
124.06%
3Y Avg
-106.25%
5Y Avg
-80.06%
Market Cap
$127.10M
Return on Equity (ROE)
-23.91%
TTM Avg
-58.26%
3Y Avg
-37.17%
5Y Avg
-16.07%
Market Cap
$117.40M
Return on Equity (ROE)
-18.02%
TTM Avg
-9.29%
3Y Avg
-12.71%
5Y Avg
-13.94%
Market Cap
$115.21M
Return on Equity (ROE)
0.21%
TTM Avg
-59.16%
3Y Avg
-68.34%
5Y Avg
-36.50%
Market Cap
$130.34M
Return on Equity (ROE)
N/A
TTM Avg
203.30%
3Y Avg
134.34%
5Y Avg
101.15%
Market Cap
$108.93M
Return on Equity (ROE)
-4.94%
TTM Avg
0.08%
3Y Avg
1.45%
5Y Avg
1.68%
Market Cap
$106.92M
Return on Equity (ROE)
-33.81%
TTM Avg
49.89%
3Y Avg
111.71%
5Y Avg
115.23%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coda Octopus Group, Inc. (CODA) | $122.51M | 8.04% | 7.21% | 6.69% | 7.87% |
| ZJK Industrial Co., Ltd. (ZJK)vs › | $124.14M | 23.43% | 23.43% | 23.71% | 31.82% |
| Wheels Up Experience Inc. (UP)vs › | $125.82M | N/A | 124.06% | -106.25% | -80.06% |
| Resources Connection, Inc. (RGP)vs › | $127.10M | -23.91% | -58.26% | -37.17% | -16.07% |
| Mobile Infrastructure Corp (BEEP)vs › | $117.40M | -18.02% | -9.29% | -12.71% | -13.94% |
| Orion Energy Systems, Inc. (OESX)vs › | $115.21M | 0.21% | -59.16% | -68.34% | -36.50% |
| Shimmick Corp. (SHIM)vs › | $130.34M | N/A | 203.30% | 134.34% | 101.15% |
| Ultralife Corporation (ULBI)vs › | $108.93M | -4.94% | 0.08% | 1.45% | 1.68% |
| New Horizon Aircraft Ltd (HOVR)vs › | $106.92M | -33.81% | 49.89% | 111.71% | 115.23% |
| CBAK Energy Technology, Inc. (CBAT)vs › | $105.49M | -16.25% | 0.68% | -2.21% | 3.73% |
ROE
8.0%
ROA
7.3%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-07-31 | 8.04% |
| 2026-04-30 | 8.04% |
| 2026-01-31 | 6.89% |
| 2025-10-31 | 7.11% |
| 2025-07-31 | 5.99% |
| 2025-04-30 | 6.12% |
| 2025-01-31 | 7.40% |
| 2024-10-31 | 6.86% |
| 2024-07-31 | 5.68% |
| 2024-04-30 | 5.41% |
| 2024-01-31 | 4.70% |
| 2023-10-31 | 6.45% |
| 2023-07-31 | 8.33% |
| 2023-04-30 | 10.10% |
| 2023-01-31 | 9.62% |
| 2022-10-31 | 9.91% |
| 2022-07-31 | 8.62% |
| 2022-04-30 | 8.28% |
| 2022-01-31 | 11.76% |
| 2021-10-31 | 12.05% |
| 2021-07-31 | 14.88% |
| 2021-04-30 | 14.26% |
| 2021-01-31 | 8.53% |
| 2020-10-31 | 9.72% |
| 2020-07-31 | 7.02% |
| 2020-04-30 | 9.88% |
| 2020-01-31 | 16.63% |
| 2019-10-31 | 17.06% |
| 2019-07-31 | 28.44% |
| 2019-04-30 | 30.02% |
| 2019-01-31 | 24.57% |
| 2018-10-31 | 20.46% |
| 2018-07-31 | 5.20% |
| 2018-04-30 | 1.25% |
| 2018-01-31 | 8.17% |
| 2017-10-31 | 24.15% |
| 2017-07-31 | 39.81% |
| 2017-04-30 | 43.17% |
| 2017-01-31 | 56.18% |
| 2016-10-31 | 48.56% |
| 2016-07-31 | 27.41% |
| 2016-04-30 | 23.86% |
| 2016-01-31 | 15.51% |
| 2015-10-31 | 25.14% |
| 2015-07-31 | 48.13% |
| 2015-04-30 | 62.79% |
| 2015-01-31 | 87.01% |
| 2014-10-31 | 60.17% |
| 2014-07-31 | 112.65% |
| 2014-04-30 | 205.01% |
| 2014-01-31 | 405.67% |
| 2013-10-31 | 590.74% |
| 2008-07-31 | -182.26% |
| 2008-04-30 | -132.81% |
| 2008-01-31 | -221.94% |
| 2007-10-31 | -185.15% |
| 2007-07-31 | -155.37% |
| 2007-04-30 | -225.97% |