Latest ROE for NextTrip: -298.62% — see history and peer comparisons.
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+ Follow-298.62%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
NextTrip (NTRP) currently reports a ROE of -298.62%. That is below the Industrials sector average of 20.47%. Use the charts on this page to explore NextTrip's ROE history and peer comparisons.
NextTrip's ROE of -298.62% is lower than the Industrials sector average of 20.47%. That is roughly 1558.6% 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 NextTrip's current -298.62% should be judged against Industrials norms (sector average: 20.47%) and against NTRP'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 -298.62%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is 20.47%. From there, open related valuation or income-statement pages for NextTrip, and consider following NTRP for alerts when major investors trade the stock.
NextTrip is classified in the Industrials sector. On ROE, it currently shows -298.62% versus a sector average near 20.47%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Industrials are usually more informative than comparing NTRP with unrelated industries.