Canoo Overview
Latest ROE for Canoo: -63.45% — see history and peer comparisons.
Get informed when a big investor buys or sells
+ Follow-63.45%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Canoo (GOEV) currently reports a ROE of -63.45%. That is below the Consumer Discretionary sector average of 14.05%. Use the charts on this page to explore Canoo's ROE history and peer comparisons.
Canoo's ROE of -63.45% is lower than the Consumer Discretionary sector average of 14.05%. That is roughly 551.7% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but Canoo's current -63.45% should be judged against Consumer Discretionary norms (sector average: 14.05%) and against GOEV's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of -63.45%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Consumer Discretionary average is 14.05%. From there, open related valuation or income-statement pages for Canoo, and consider following GOEV for alerts when major investors trade the stock.
Canoo is classified in the Consumer Discretionary sector. On ROE, it currently shows -63.45% versus a sector average near 14.05%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Consumer Discretionary are usually more informative than comparing GOEV with unrelated industries.
