BULL (Webull) Return-on-Tangible-Equity: -9.33% (As of Mar. 2026)


BULL Webull Corp BULL
18 GF Score
Price $7.17
! 6 Warning Signs
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What is Webull Return-on-Tangible-Equity?

Webull BULL -0.14% 18 Return-on-Tangible-Equity is -9.33% as of Mar. 2026. GuruFocus rates BULL with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 2,470 Software companies, Webull ranks worse than 71.86% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Webull's annualized net income for the quarter that ended in Mar. 2026 was $-86.9 Mil. Webull's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $931.7 Mil. Therefore, Webull's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -9.33%.

The historical rank and industry rank for Webull's Return-on-Tangible-Equity or its related term are showing as below:

BULL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.11   Med: 0   Max: 0
Current: -4.11

BULL's Return-on-Tangible-Equity is ranked worse than
71.86% of 2470 companies
in the Software industry
Industry Median: 8.77 vs BULL: -4.11

Webull  (NAS:BULL) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Webull Return-on-Tangible-Equity Related Terms


Webull Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Webull's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Webull Return-on-Tangible-Equity Chart

Webull Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Negative Tangible Equity Negative Tangible Equity 0.00 Negative Tangible Equity

Webull Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity 0.00 18.03 1.32 -9.33

BULL vs BILL, MNDY, ADEA: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, Webull's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Webull Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Webull's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Webull's Return-on-Tangible-Equity falls into.


BULL
18GF Score
Webull Corp BULL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Webull Return-on-Tangible-Equity Calculation

Webull's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=24.771/( (-2280.862+930.594 )/ 2 )
=24.771/-675.134
=Negative Tangible Equity %

Webull's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-86.892/( (930.594+932.877)/ 2 )
=-86.892/931.7355
=-9.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -9.33% mean?
Webull (BULL) has a Return-on-Tangible-Equity of -9.33% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Webull and its competitors. According to the industry distribution chart, Webull ranks #1775 out of 2470 companies in the Software industry, placing it in the top 71.9%.
Is Webull's Return-on-Tangible-Equity too high?
Webull's current Return-on-Tangible-Equity is -9.33%. Based on the distribution chart, Webull ranks #1775 out of 2470 companies in the Software industry, which is below the industry midpoint. Overall, Webull has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Webull's Return-on-Tangible-Equity compare to BILL and MNDY?
According to the Software industry distribution chart, Webull ranks #1775 out of 2470 companies for Return-on-Tangible-Equity. This places Webull in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.77, based on 2,470 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Webull and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webull's current Return-on-Tangible-Equity is -9.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Webull stock overvalued right now?
Webull (BULL) has a current Return-on-Tangible-Equity of -9.33%. The current Return-on-Tangible-Equity is -9.33%. Webull's overall GF Score™ is 18/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Webull (BULL), the current Return-on-Tangible-Equity is -9.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Webull Business Description

Other Exchanges 4HU:Germany
Address 200 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Webull Corp is a digital investment platform built upon a next-generation globally infrastructure services. It strives to be the platform of choice for a new generation of investors by creating an efficient, low-cost, and easy-to-use investment platform. The company distinguishes itself from other investment service providers by offering a mobile-first user experience, a broad range of investment products, and extensive functionality constructed to help its customers build wealth over time. The company arms each customer with the tools it needs to develop into what it refers to as an informed investor - one who understands the market and has the confidence to succeed as an investor. The Webull platform originally provided users with free access to market data and analytical tools.
18GF Score

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