ARTL (Artelo Biosciences) ROE %: -438.22% (As of Mar. 2026)


ARTL Artelo Biosciences Inc ARTL
31 GF Score
Price $1.13
! 2 Warning Signs
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What is Artelo Biosciences ROE %?

Artelo Biosciences ARTL -1.75% 31 ROE % is -438.22% as of Mar. 2026. GuruFocus rates ARTL with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 1,255 Biotechnology companies, Artelo Biosciences ranks worse than 98.96% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Artelo Biosciences's annualized net income for the quarter that ended in Mar. 2026 was $-11.83 Mil. Artelo Biosciences's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $2.70 Mil. Therefore, Artelo Biosciences's annualized ROE % for the quarter that ended in Mar. 2026 was -438.22%.

The historical rank and industry rank for Artelo Biosciences's ROE % or its related term are showing as below:

ARTL' s ROE % Range Over the Past 10 Years
Min: -6000   Med: -96.59   Max: -59.63
Current: -1677.67

During the past 12 years, Artelo Biosciences's highest ROE % was -59.63%. The lowest was -6,000.00%. And the median was -96.59%.

ARTL's ROE % is ranked worse than
98.96% of 1255 companies
in the Biotechnology industry
Industry Median: -38.18 vs ARTL: -1677.67

Artelo Biosciences  (NAS:ARTL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-11.832/2.7
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.832 / 0)*(0 / 7.6595)*(7.6595 / 2.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*2.8369
=ROA %*Equity Multiplier
=N/A %*2.8369
=-438.22 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-11.832/2.7
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-11.832 / -11.832) * (-11.832 / -10.756) * (-10.756 / 0) * (0 / 7.6595) * (7.6595 / 2.7)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1 * N/A % * 0 * 2.8369
=-438.22 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Artelo Biosciences ROE % Related Terms


Artelo Biosciences ROE % Historical Data

* Premium members only.

The historical data trend for Artelo Biosciences's ROE % 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.

Artelo Biosciences ROE % Chart

Artelo Biosciences Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -93.45 -64.13 -59.63 -134.52 -1,625.11

Artelo Biosciences Quarterly Data
May21 Aug21 Nov21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -540.78 0.00 0.00 0.00 -438.22

ARTL vs RNAZ, GLMD, DCOY: ROE % Comparison

For the Biotechnology subindustry, Artelo Biosciences's ROE %, along with its competitors' market caps and ROE % 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.


Artelo Biosciences ROE % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Artelo Biosciences's ROE % distribution charts can be found below:

* The bar in red indicates where Artelo Biosciences's ROE % falls into.


ARTL
31GF Score
Artelo Biosciences Inc ARTL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Artelo Biosciences ROE % Calculation

Artelo Biosciences's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-12.879/( (2.857+-1.272)/ 2 )
=-12.879/0.7925
=-1,625.11 %

Artelo Biosciences's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-11.832/( (-1.272+6.672)/ 2 )
=-11.832/2.7
=-438.22 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -438.22% mean?
Artelo Biosciences (ARTL) has a ROE % of -438.22% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Artelo Biosciences and its competitors. According to the industry distribution chart, Artelo Biosciences ranks #1242 out of 1255 companies in the Biotechnology industry, placing it in the top 99%.
Is Artelo Biosciences' ROE % too high?
Artelo Biosciences' current ROE % is -438.22%. Based on the distribution chart, Artelo Biosciences ranks #1242 out of 1255 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Artelo Biosciences has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Artelo Biosciences' ROE % compare to RNAZ and GLMD?
According to the Biotechnology industry distribution chart, Artelo Biosciences ranks #1242 out of 1255 companies for ROE %. This places Artelo Biosciences in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Biotechnology company?
A good ROE % depends on the Biotechnology industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Artelo Biosciences and its competitors. Artelo Biosciences's current ROE % is -438.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artelo Biosciences stock overvalued right now?
Artelo Biosciences (ARTL) has a current ROE % of -438.22%. The current ROE % is -438.22%. Artelo Biosciences' overall GF Score™ is 31/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Artelo Biosciences (ARTL), the current ROE % is -438.22% 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.

Artelo Biosciences Business Description

Address 505 Lomas Santa Fe, Suite 160, Solana Beach, CA, USA, 92075
Artelo Biosciences Inc is a United States-based development-stage biopharmaceutical company. It is engaged in the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, a family of receptors & neurotransmitters that form a biochemical communication network in the body. It is focused on discovering, licensing, developing, & commercializing treatments that control endocannabinoid systems. The company pursues technologies & programs that offer proprietary approaches to cannabinoid-based therapies, & those derived from the cannabis plant & synthetic cannabinoids, as well as new chemical entities & compounds. The firm's flagship program is designed to be a patent-protected cannabinoid drug combination treatment for a rare & orphan disease.
31GF Score

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