GOEV Return on Equity (ROE) Analysis
Higher than 6% of Consumer Cyclical sector peers
Updated 1861h ago·SEC filings & market data
Key Takeaway
GOEV (GOEV) has a Return on Equity (ROE) of -121.0% as of May 2026.
Sector Performance
6th percentileGOEV
-121.0%
Sector Median
8.5%
Sector Avg
-20.1%
Deep Analysis
GOEV (GOEV) has a Return on Equity (ROE) of -121.0% as of May 2026.
This places GOEV in the 6th percentile of the Consumer Cyclical sector, which has a median Return on Equity (ROE) of 8.5% and a sector average of -20.1%. GOEV's Return on Equity (ROE) is 1523.5% below the sector median, a significant divergence that warrants closer examination. In context: ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.
Frequently Asked Questions
What does the Return on Equity (ROE) tell investors about GOEV?
ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.
How is the Return on Equity (ROE) calculated?
Return on Equity (ROE) is calculated as: Net Income / Shareholders' Equity.
How does GOEV's Return on Equity (ROE) compare to its sector?
GOEV's Return on Equity (ROE) of -121.0% compares to a Consumer Cyclical sector median of 8.5%, placing it in the 6th percentile.
Who are GOEV's closest peers by Return on Equity (ROE)?
The closest Consumer Cyclical peers by Return on Equity (ROE) include: SG (3.6%), PVH (3.3%), APTV (1.8%), LI (-2.5%), HMC (-3.8%).
Learn More About Return on Equity (ROE)
The Formula
Net Income / Shareholders' Equity
Why It Matters
ROE measures how effectively management turns equity into profit. Consistently above 15% is typically considered strong. Negative equity distorts this metric.
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-121.0%
Sector Median
8.5%
Sector Avg
-20.1%
How GOEV's Return on Equity (ROE) compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.