Tectonic Therapeutic, Inc. Annual Return On Equity in % from 2018 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Tectonic Therapeutic, Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Tectonic Therapeutic, Inc. Return On Equity for the quarter ending June 30, 2024 was 43.1 %, a 88.6% decline year-over-year.
  • Tectonic Therapeutic, Inc. annual Return On Equity for 2023 was -43.6 %, a 67.7% increase from 2022.
  • Tectonic Therapeutic, Inc. annual Return On Equity for 2022 was -135 %, a 131% decline from 2021.
  • Tectonic Therapeutic, Inc. annual Return On Equity for 2021 was -58.3 %, a 16.8% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -43.6 +91.3 +67.7% Jan 1, 2023 Dec 31, 2023
2022 -135 -76.6 -131% Jan 1, 2022 Dec 31, 2022
2021 -58.3 -8.37 -16.8% Jan 1, 2021 Dec 31, 2021
2020 -50 -0.67 -1.36% Jan 1, 2020 Dec 31, 2020
2019 -49.3 +0.29 +0.59% Jan 1, 2019 Dec 31, 2019
2018 -49.6 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.