AltC Acquisition Corp.

AltC Acquisition Corp.verified

ALCC

Price:

$18.23

Market Cap:

$2.88B

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 24, 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-07-08

Stock Exchange

NYSE

Ticker

ALCC

The ROE as of December 2024 (TTM) for AltC Acquisition Corp. (ALCC) is -12.52%

According to AltC Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is -12.52%. This represents a change of 276.94% compared to the average of -3.32% of the last 4 quarters.

AltC Acquisition Corp. (ALCC) Historical ROE (quarterly & annually)

How has ALCC ROE performed in the past?

The mean historical ROE of AltC Acquisition Corp. over the last ten years is 31.40%. The current -12.52% ROE has changed -139.88% with respect to the historical average. Over the past ten years (40 quarters), ALCC's ROE was at its highest in in the December 2023 quarter at 0.87%. The ROE was at its lowest in in the June 2024 quarter at -10.90%.

Quarterly (TTM)
Annual

Average

31.40%

Median

0.80%

Minimum

-0.22%

Maximum

93.63%

AltC Acquisition Corp. (ALCC) ROE by Quarter and Year

Discovering the peaks and valleys of AltC Acquisition Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 11.60%

Maximum Annual ROE = 93.63%

Minimum Annual Increase = -468.54%

Minimum Annual ROE = -0.22%

Quarterly (TTM)
Annual
YearROEChange
202393.63%11.60%
20220.80%-468.54%

AltC Acquisition Corp. (ALCC) Average ROE

How has ALCC ROE performed in the past?

The current ROE of AltC Acquisition Corp. (ALCC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

31.40%

5-year avg

31.40%

10-year avg

31.40%

AltC Acquisition Corp. (ALCC) ROE vs. Peers

How is ALCC’s ROE compared to its peers?

AltC Acquisition Corp.’s ROE is less than Churchill Capital Corp VI (1.31%), less than Churchill Capital Corp VII (0.00%), less than Churchill Capital Corp V (5.12%), less than Compute Health Acquisition Corp. (7.30%), less than Khosla Ventures Acquisition Co. (2.01%), less than Genesis Growth Tech Acquisition Corp. (11.47%), less than Fat Projects Acquisition Corp (1.57%), greater than Roth CH Acquisition IV Co. (-16.22%), less than Rosecliff Acquisition Corp I (360.48%), less than Greencity Acquisition Corporation (0%), less than Apollo Strategic Growth Capital II (3.88%), less than Ares Acquisition Corporation (1.16%), less than Apollo Strategic Growth Capital II (3.88%), less than Altimar Acquisition Corp. III (0%), greater than Crescera Capital Acquisition Corp. (-41.16%), less than Jupiter Wellness Acquisition Corp. (0.91%), less than Minority Equality Opportunities Acquisition Inc. (10.04%), less than UTA Acquisition Corporation (0%), less than Finnovate Acquisition Corp. (0.67%), less than Forum Merger IV Corporation (2.37%), less than Pono Capital Two, Inc. (0%), greater than Welsbach Technology Metals Acquisition Corp. (-3.15%),

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