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 16.92% is 65% above its 5-year average of 10.28%, near the high end of its 5-year range (-0.76%–16.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.68% above its 12-month average of 16.01%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 16.92%.
RETURN ON EQUITY (ROE)
16.92%
RETURN ON EQUITY (ROE) AVG TTM
16.01%
RETURN ON EQUITY (ROE) AVG 3Y
15.64%
RETURN ON EQUITY (ROE) AVG 5Y
10.28%
RETURN ON EQUITY (ROE) AVG 10Y
5.07%
RETURN ON EQUITY (ROE) AVG 15Y
5.57%
RETURN ON EQUITY (ROE) AVG 20Y
7.64%
CURRENT VS TTM AVG
+5.68%
CURRENT VS 3Y AVG
+8.20%
CURRENT VS 5Y AVG
+64.54%
CURRENT VS 10Y AVG
+233.42%
CURRENT VS 15Y AVG
+203.59%
CURRENT VS 20Y AVG
+121.56%
SECTOR MEDIAN · ENERGY
15.95%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+6.07%
vs the sector median at left
First Solar, Inc.
Market Cap
$20.63B
Return on Equity (ROE)
16.92%
TTM Avg
16.01%
3Y Avg
15.64%
5Y Avg
10.28%
Market Cap
$20.15B
Return on Equity (ROE)
14.33%
TTM Avg
2.86%
3Y Avg
20.59%
5Y Avg
62.70%
Market Cap
$23.16B
Return on Equity (ROE)
32.37%
TTM Avg
36.55%
3Y Avg
42.43%
5Y Avg
41.24%
Market Cap
$15.45B
Return on Equity (ROE)
23.89%
TTM Avg
19.38%
3Y Avg
253.71%
5Y Avg
205.93%
Market Cap
$26.65B
Return on Equity (ROE)
10.66%
TTM Avg
10.38%
3Y Avg
12.72%
5Y Avg
9.57%
Market Cap
$27.58B
Return on Equity (ROE)
14.55%
TTM Avg
18.04%
3Y Avg
20.99%
5Y Avg
7.74%
Market Cap
$12.41B
Return on Equity (ROE)
23.23%
TTM Avg
28.19%
3Y Avg
21.09%
5Y Avg
20.30%
Market Cap
$29.92B
Return on Equity (ROE)
11.27%
TTM Avg
11.96%
3Y Avg
16.38%
5Y Avg
11.52%
Market Cap
$10.15B
Return on Equity (ROE)
20.55%
TTM Avg
19.95%
3Y Avg
18.02%
5Y Avg
13.58%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $20.63B | 16.92% | 16.01% | 15.64% | 10.28% |
| Expand Energy Corporation (EXE)vs › | $20.15B | 14.33% | 2.86% | 20.59% | 62.70% |
| Texas Pacific Land Corporation (TPL)vs › | $23.16B | 32.37% | 36.55% | 42.43% | 41.24% |
| APA Corporation (APA)vs › | $15.45B | 23.89% | 19.38% | 253.71% | 205.93% |
| Pembina Pipeline Corporation (PBA)vs › | $26.65B | 10.66% | 10.38% | 12.72% | 9.57% |
| Halliburton Company (HAL)vs › | $27.58B | 14.55% | 18.04% | 20.99% | 7.74% |
| Nextpower Inc. (NXT)vs › | $12.41B | 23.23% | 28.19% | 21.09% | 20.30% |
| Tenaris S.A. (TS)vs › | $29.92B | 11.27% | 11.96% | 16.38% | 11.52% |
| Antero Midstream Corporation (AM)vs › | $10.15B | 20.55% | 19.95% | 18.02% | 13.58% |
| EQT Corporation (EQT)vs › | $31.95B | 11.28% | 4.86% | 9.33% | 2.58% |
ROE
16.9%
ROA
13.0%
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) |
|---|---|
| 2026-06-30 | 16.92% |
| 2026-03-31 | 16.86% |
| 2025-12-31 | 16.02% |
| 2025-09-30 | 15.53% |
| 2025-06-30 | 14.71% |
| 2025-03-31 | 15.45% |
| 2024-12-31 | 16.20% |
| 2024-09-30 | 16.44% |
| 2024-06-30 | 16.59% |
| 2024-03-31 | 14.85% |
| 2023-12-31 | 12.42% |
| 2023-09-30 | 7.52% |
| 2023-06-30 | 2.59% |
| 2023-03-31 | 0.71% |
| 2022-12-31 | -0.76% |
| 2022-09-30 | 1.63% |
| 2022-06-30 | 3.21% |
| 2022-03-31 | 3.67% |
| 2021-12-31 | 7.86% |
| 2021-09-30 | 7.77% |
| 2021-06-30 | 9.73% |
| 2021-03-31 | 9.08% |
| 2020-12-31 | 7.22% |
| 2020-09-30 | 4.14% |
| 2020-06-30 | 1.89% |
| 2020-03-31 | 0.84% |
| 2019-12-31 | -2.26% |
| 2019-09-30 | -0.07% |
| 2019-06-30 | 0.46% |
| 2019-03-31 | -0.12% |
| 2018-12-31 | 2.77% |
| 2018-09-30 | -6.58% |
| 2018-06-30 | -3.76% |
| 2018-03-31 | -1.78% |
| 2017-12-31 | -3.25% |
| 2017-09-30 | -8.78% |
| 2017-06-30 | -10.19% |
| 2017-03-31 | -11.53% |
| 2016-12-31 | -7.98% |
| 2016-09-30 | 9.18% |
| 2016-06-30 | 12.83% |
| 2016-03-31 | 14.81% |
| 2015-12-31 | 10.69% |
| 2015-09-30 | 10.55% |
| 2015-06-30 | 6.20% |
| 2015-03-31 | 4.47% |
| 2014-12-31 | 7.88% |
| 2014-09-30 | 5.62% |
| 2014-06-30 | 8.02% |
| 2014-03-31 | 8.71% |
| 2013-12-31 | 7.79% |
| 2013-09-30 | 10.00% |
| 2013-06-30 | 8.06% |
| 2013-03-31 | 11.22% |
| 2012-12-31 | -2.67% |
| 2012-09-30 | -19.19% |
| 2012-06-30 | -16.51% |
| 2012-03-31 | -18.85% |
| 2011-12-31 | -1.08% |
| 2011-09-30 | 13.15% |
| 2011-06-30 | 13.85% |
| 2011-03-31 | 17.05% |
| 2010-12-31 | 19.22% |
| 2010-09-25 | 19.69% |
| 2010-06-26 | 20.79% |
| 2010-03-27 | 22.76% |
| 2009-12-31 | 24.13% |
| 2009-09-30 | 25.67% |
| 2009-07-31 | 25.26% |
| 2009-03-31 | 27.34% |
| 2008-12-31 | 23.02% |
| 2008-09-27 | 20.10% |
| 2008-06-28 | 18.01% |
| 2008-03-29 | 17.37% |
| 2007-12-31 | 14.43% |
| 2007-09-29 | 10.55% |
| 2007-06-30 | 12.84% |
| 2007-03-31 | 4.19% |
| 2006-12-31 | 2.34% |
| 2006-09-30 | -4.64% |
| 2005-12-31 | -49.20% |
| 2004-12-31 | -74.08% |