Canoo Inc.

Canoo Inc.verified

GOEV

Price:

$0.45

Market Cap:

$43.55M

Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. It also provides multi-purpose platform architecture is a self-contained, fully functional rolling chassis design to support various range of vehicle weight and ride profiles. The company serves to small businesses, independent contractors, tradespeople, utilities, and service technicians. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California.[Read more]

Industry

Auto - Manufacturers

IPO Date

2019-04-16

Stock Exchange

NASDAQ

Ticker

GOEV

The ROE as of November 2024 (TTM) for Canoo Inc. (GOEV) is -66.11%

According to Canoo Inc.’s latest financial reports and current stock price. The company's current ROE is -66.11%. This represents a change of 264.62% compared to the average of -18.13% of the last 4 quarters.

Canoo Inc. (GOEV) Historical ROE (quarterly & annually)

How has GOEV ROE performed in the past?

The mean historical ROE of Canoo Inc. over the last ten years is -12.24%. The current -66.11% ROE has changed 440.13% with respect to the historical average. Over the past ten years (40 quarters), GOEV's ROE was at its highest in in the December 2019 quarter at 13.36%. The ROE was at its lowest in in the March 2020 quarter at -617.80%.

Quarterly (TTM)
Annual

Average

-12.24%

Median

-43.30%

Minimum

-197.12%

Maximum

344.93%

Canoo Inc. (GOEV) ROE by Quarter and Year

Discovering the peaks and valleys of Canoo Inc. 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 = 351.34%

Maximum Annual ROE = 344.93%

Minimum Annual Increase = -2629.47%

Minimum Annual ROE = -197.12%

Quarterly (TTM)
Annual
YearROEChange
2023-121.01%-38.61%
2022-197.12%178.07%
2021-70.89%351.34%
2020-15.71%-104.55%
2019344.93%-2629.47%

Canoo Inc. (GOEV) Average ROE

How has GOEV ROE performed in the past?

The current ROE of Canoo Inc. (GOEV) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-129.68%

5-year avg

-11.96%

10-year avg

-12.24%

Canoo Inc. (GOEV) ROE vs. Peers

How is GOEV’s ROE compared to its peers?

Canoo Inc.’s ROE is less than Lucid Group, Inc. (0%), greater than Lordstown Motors Corp. (-72.28%), greater than Rivian Automotive, Inc. (-124.05%), greater than Polestar Automotive Holding UK PLC (-73.83%), less than Mullen Automotive, Inc. (351.18%), greater than Arrival (-330.02%), greater than Hyzon Motors Inc. (-213.58%), greater than null (-237.96%),

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