BULL (Webull) ROE %: -8.54% (As of Mar. 2026)


BULL Webull Corp BULL
18 GF Score
Price $6.51
! 6 Warning Signs
View Full Analysis

What is Webull ROE %?

Webull BULL -2.98% 18 ROE % is -8.54% as of Mar. 2026. GuruFocus rates BULL with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 2,682 Software companies, Webull ranks worse than 67.15% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Webull's annualized net income for the quarter that ended in Mar. 2026 was $-86.9 Mil. Webull's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,017.2 Mil. Therefore, Webull's annualized ROE % for the quarter that ended in Mar. 2026 was -8.54%.

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

BULL' s ROE % Range Over the Past 10 Years
Min: -3.28   Med: 0   Max: 0
Current: -3.28

BULL's ROE % is ranked worse than
67.15% of 2682 companies
in the Software industry
Industry Median: 4.72 vs BULL: -3.28

Webull  (NAS:BULL) 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
=-86.892/1017.1735
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-86.892 / 639.712)*(639.712 / 3797.1765)*(3797.1765 / 1017.1735)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13.58 %*0.1685*3.7331
=ROA %*Equity Multiplier
=-2.29 %*3.7331
=-8.54 %

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
=-86.892/1017.1735
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-86.892 / -51.244) * (-51.244 / -9.516) * (-9.516 / 639.712) * (639.712 / 3797.1765) * (3797.1765 / 1017.1735)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.6957 * 5.385 * -1.49 % * 0.1685 * 3.7331
=-8.54 %

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.


Webull ROE % Related Terms


Webull ROE % Historical Data

* Premium members only.

The historical data trend for Webull'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.

Webull ROE % Chart

Webull Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROE %
Negative Equity Negative Equity 0.00 Negative Equity

Webull Quarterly Data
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 Negative Equity 0.00 16.87 1.21 -8.54

BULL vs LIF, PTRN, NATL: ROE % Comparison

For the Software - Application subindustry, Webull'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.


Webull ROE % vs Software Industry

For the Software industry and Technology sector, Webull's ROE % distribution charts can be found below:

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


BULL
18GF Score
Webull Corp BULL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Webull ROE % Calculation

Webull'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 )
=24.771/( (-2256.249+1016.293)/ 2 )
=24.771/-619.978
=Negative Equity %

Webull'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 )
=-86.892/( (1016.293+1018.054)/ 2 )
=-86.892/1017.1735
=-8.54 %

* 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 -8.54% mean?
Webull (BULL) has a ROE % of -8.54% 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 Webull and its competitors. According to the industry distribution chart, Webull ranks #1801 out of 2682 companies in the Software industry, placing it in the top 67.2%.
Is Webull's ROE % too high?
Webull's current ROE % is -8.54%. Based on the distribution chart, Webull ranks #1801 out of 2682 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 ROE % compare to LIF and PTRN?
According to the Software industry distribution chart, Webull ranks #1801 out of 2682 companies for ROE %. This places Webull in the lower half of its industry. The industry median ROE % is 4.72. 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 Software company?
The median ROE % among Software companies is 4.72, based on 2,682 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. 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 Webull and its competitors. For the Software industry, the median ROE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Webull's current ROE % is -8.54%. 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 ROE % of -8.54%. The current ROE % is -8.54%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Webull (BULL), the current ROE % is -8.54% 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

Get the complete analysis for BULL

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.51
Price