Pony AIPONY -3.82%13 ROE % is -12.34% as of Mar. 2026. GuruFocus rates PONY with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 2,682 Software companies, Pony AI ranks worse than 75.09% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pony AI's annualized net income for the quarter that ended in Mar. 2026 was $-201.6 Mil. Pony AI's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,633.6 Mil. Therefore, Pony AI's annualized ROE % for the quarter that ended in Mar. 2026 was -12.34%.
The historical rank and industry rank for Pony AI's ROE % or its related term are showing as below:
PONY'
s ROE % Range Over the Past 10 Years
Min: -33.53 Med: -21.45 Max: -10.29
Current: -12.14
During the past 5 years, Pony AI's highest ROE % was -10.29%. The lowest was -33.53%. And the median was -21.45%.
PONY's ROE % is ranked worse than 75.09% of 2682
companies
in the Software industry
Industry Median: 4.72
vs PONY: -12.14
Pony AI (NAS:PONY) 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:
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.
Pony AI ROE % Related Terms
Pony AI ROE % Historical Data
* Premium members only.
The historical data trend for Pony AI'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.
For the Information Technology Services subindustry, Pony AI'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.
Pony AI ROE % vs Software Industry
For the Software industry and Technology sector, Pony AI's ROE % distribution charts can be found below:
* The bar in red indicates where Pony AI's ROE % falls into.
* 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.
Pony AI (PONY) has a ROE % of -12.34% 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 Pony AI and its competitors. According to the industry distribution chart, Pony AI ranks #2014 out of 2682 companies in the Software industry, placing it in the top 75.1%.
Is Pony AI's ROE % too high?
Pony AI's current ROE % is -12.34%. Based on the distribution chart, Pony AI ranks #2014 out of 2682 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Pony AI has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Pony AI's ROE % compare to EXLS and SAIC?
According to the Software industry distribution chart, Pony AI ranks #2014 out of 2682 companies for ROE %. This places Pony AI 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 Pony AI 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. Pony AI's current ROE % is -12.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pony AI stock overvalued right now?
Pony AI (PONY) has a current ROE % of -12.34%. The current ROE % is -12.34%. Pony AI's overall GF Score™ is 13/100 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 Pony AI (PONY), the current ROE % is -12.34% 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.
Pony AI Inc is an artificial intelligence technology company that is principally engaged in the operation and development of autonomous vehicles. It operates fully driverless robotaxis through the PonyPilot mobile app in Beijing, Shanghai, Guangzhou, and Shenzhen. The company operates a fleet of robotaxis. The Group conducts its operations mainly in the People's Republic of China (PRC) and the United States of America (U.S.) through subsidiaries. Key revenue is generated from the Peoples Republic of China.
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