52/100B15.585
USD
-0.37
(-2.32%)
Market Closed
Last updated: · Delayed 15 min
Vodafone Group return on equity (ROE)
Vodafone Group's return on equity is 0.12%: net income of 59.00M EUR over the last twelve months on shareholders' equity of 50.69B EUR.
- Today
- 0.12%
- Average, 5 years
- 3.40%
- Low, 5 years
- -8.85%
- High, 5 years
- 17.13%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 59.00M ÷ 50.69B = 0.12%
ROE (return on equity)
Net income
Shareholders' equity
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is Vodafone Group's return on equity so high?
Net margin
-1.0%
profit on each dollar of sales
×
Asset turnover
0.31×
sales on each dollar of assets
×
Equity multiplier
2.57×
assets on each dollar of equity
=
Return on equity
-0.8%
FY2026
- FY2026-1.0% × 0.31 × 2.57 = -0.8%
- FY2025-11.1% × 0.27 × 2.44 = -7.3%
- FY20243.1% × 0.25 × 2.41 = 1.9%
- FY202331.4% × 0.22 × 2.45 = 17.2%
- FY20226.0% × 0.22 × 2.81 = 3.7%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.12% | 59.00M | 50.69B | |
| FY2026 | 31 Mar 2026 | 0.12% | 59.00M | 50.69B |
| FY2025 | 31 Mar 2025 | -6.54% | -3.72B | 56.98B |
| FY2024 | 31 Mar 2024 | 1.90% | 1.14B | 59.97B |
| FY2023 | 31 Mar 2023 | 17.19% | 11.84B | 68.88B |
| FY2022 | 31 Mar 2022 | 3.67% | 2.24B | 60.95B |
| FY2021 | 31 Mar 2021 | 0.11% | 59.00M | 55.80B |
| FY2020 | 31 Mar 2020 | -1.50% | -920.00M | 61.41B |
| FY2019 | 31 Mar 2019 | -12.89% | -8.02B | 62.22B |
| FY2018 | 31 Mar 2018 | 3.61% | 2.44B | 67.64B |
| FY2017 | 31 Mar 2017 | -8.72% | -6.30B | 72.20B |
| FY2016 | 31 Mar 2016 | -5.79% | -4.84B | 83.54B |
| FY2015 | 31 Mar 2015 | 8.95% | 8.09B | 90.45B |
| FY2014 | 31 Mar 2014 | 83.69% | 71.68B | 85.65B |
| FY2013 | 31 Mar 2013 | 0.94% | 798.49M | 84.80B |
| FY2012 | 31 Mar 2012 | 9.10% | 8.40B | 92.33B |
| FY2011 | 31 Mar 2011 | 8.99% | 8.96B | 99.65B |
| FY2010 | 31 Mar 2010 | 9.54% | 9.67B | 101.46B |
| FY2009 | 31 Mar 2009 | 6.80% | 6.32B | 93.04B |
| FY2008 | 31 Mar 2008 | 12.87% | 12.62B | 98.06B |
| FY2007 | 31 Mar 2007 | -3.06% | -3.03B | 98.81B |
| FY2006 | 31 Mar 2006 | -16.49% | -20.20B | 122.50B |
| FY2005 | 31 Mar 2005 | 7.89% | 13.09B | 165.90B |
| FY2004 | 31 Mar 2004 | -4.27% | -7.15B | 167.67B |
| FY2003 | 31 Mar 2003 | -4.12% | -7.67B | 186.12B |
| FY2002 | 31 Mar 2002 | -7.95% | -16.97B | 213.52B |
| FY2001 | 31 Mar 2001 | -4.44% | -10.42B | 234.58B |
| FY2000 | 31 Mar 2000 | 0.70% | 1.64B | 234.77B |
| FY1999 | 31 Mar 1999 | 103.94% | 1.27B | 1.22B |
| FY1998 | 31 Mar 1998 | 221.88% | 973.37M | 438.70M |
| FY1997 | 31 Mar 1997 | 64.32% | 699.31M | 1.09B |
| FY1996 | 31 Mar 1996 | 45.57% | 565.94M | 1.24B |
| FY1995 | 31 Mar 1995 | 43.24% | 431.08M | 996.94M |
| FY1994 | 31 Mar 1994 | 48.39% | 435.02M | 899.04M |
| FY1993 | 31 Mar 1993 | 51.57% | 382.75M | 742.22M |
| FY1992 | 31 Mar 1992 | 58.28% | 368.46M | 632.25M |
| FY1991 | 31 Mar 1991 | 57.92% | 349.48M | 603.35M |
| FY1990 | 31 Mar 1990 | 43.99% | 161.33M | 366.74M |
| FY1989 | 31 Mar 1989 | 34.38% | 95.27M | 277.09M |
| FY1988 | 31 Mar 1988 | 93.35% | 44.50M | 47.67M |
| FY1987 | 31 Mar 1987 | -59.50% | -19.53M | 32.83M |
| FY1986 | 31 Mar 1986 | — | 2.56M | — |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| H2 FY2026 | 31 Mar 2026 | 0.12% | 59.00M | 50.69B |
| H1 FY2026 | 30 Sept 2025 | -8.85% | -4.68B | 52.82B |
| H2 FY2025 | 31 Mar 2025 | -7.66% | -4.37B | 56.98B |
| H1 FY2025 | 30 Sept 2024 | 3.94% | 2.63B | 66.56B |
| H2 FY2024 | 31 Mar 2024 | 1.90% | 1.14B | 59.97B |
| H1 FY2024 | 30 Sept 2023 | 16.41% | 10.51B | 64.00B |
| H2 FY2023 | 31 Mar 2023 | 17.13% | 11.80B | 68.88B |
| H1 FY2023 | 30 Sept 2022 | 3.94% | 2.19B | 55.45B |
| H2 FY2022 | 31 Mar 2022 | 3.67% | 2.24B | 60.95B |
| H1 FY2022 | 30 Sept 2021 | -0.25% | -161.00M | 64.78B |
| H2 FY2021 | 31 Mar 2021 | 0.20% | 112.00M | 55.80B |
| H1 FY2021 | 30 Sept 2020 | 3.62% | 2.48B | 68.43B |
| H2 FY2020 | 31 Mar 2020 | -1.50% | -920.00M | 61.41B |
| H1 FY2020 | 30 Sept 2019 | -3.81% | -2.21B | 58.07B |
| H2 FY2019 | 31 Mar 2019 | -12.89% | -8.02B | 62.22B |
| H1 FY2019 | 30 Sept 2018 | -10.96% | -6.63B | 60.45B |
| H2 FY2018 | 31 Mar 2018 | 3.61% | 2.44B | 67.64B |
| H1 FY2018 | 30 Sept 2017 | -0.05% | -37.00M | 68.04B |
| H2 FY2017 | 31 Mar 2017 | -8.72% | -6.30B | 72.20B |
| H1 FY2017 | 30 Sept 2016 | -10.23% | -7.55B | 73.82B |
| H2 FY2016 | 31 Mar 2016 | -5.89% | -4.92B | 83.54B |
| H1 FY2016 | 30 Sept 2015 | 1.81% | 1.54B | 85.00B |
| H2 FY2015 | 31 Mar 2015 | 12.18% | 11.01B | 90.45B |
| H1 FY2015 | 30 Sept 2014 | 63.21% | 56.93B | 90.06B |
| H2 FY2014 | 31 Mar 2014 | 83.37% | 71.44B | 85.69B |
| H1 FY2014 | 30 Sept 2013 | 24.37% | 24.32B | 99.79B |
| H2 FY2013 | 31 Mar 2013 | — | — | 84.80B |
| H1 FY2013 | 30 Sept 2012 | — | — | 87.28B |
| H2 FY2012 | 31 Mar 2012 | — | — | 92.33B |
| H1 FY2012 | 30 Sept 2011 | — | — | 96.35B |
| H2 FY2011 | 31 Mar 2011 | — | — | 99.65B |
| H1 FY2011 | 30 Sept 2010 | — | — | 104.74B |
| H2 FY2010 | 31 Mar 2010 | — | — | 101.46B |
| H1 FY2010 | 30 Sept 2009 | — | — | 95.73B |
| H2 FY2009 | 31 Mar 2009 | 4.70% | 4.37B | 93.04B |
| H1 FY2009 | 30 Sept 2008 | 5.99% | 5.79B | 96.70B |
| H2 FY2008 | 31 Mar 2008 | 7.73% | 7.58B | 98.01B |
| H1 FY2008 | 30 Sept 2007 | 10.14% | 10.38B | 102.37B |
| H2 FY2007 | 31 Mar 2007 | -2.63% | -2.60B | 98.83B |
| H1 FY2007 | 30 Sept 2006 | -43.85% | -43.57B | 99.37B |
| H2 FY2006 | 31 Mar 2006 | -25.31% | -31.03B | 122.58B |
| H1 FY2006 | 30 Sept 2005 | -1.88% | -3.13B | 166.89B |
| H2 FY2005 | 31 Mar 2005 | -1.33% | -1.93B | 144.79B |
| H1 FY2005 | 30 Sept 2004 | -1.73% | -2.89B | 167.43B |
| H2 FY2004 | 31 Mar 2004 | -8.46% | -14.17B | 167.43B |
| H1 FY2004 | 30 Sept 2003 | -7.22% | -13.15B | 182.20B |
| H2 FY2003 | 31 Mar 2003 | -7.65% | -14.24B | 186.12B |
| H1 FY2003 | 30 Sept 2002 | -8.62% | -17.67B | 204.96B |
| H2 FY2002 | 31 Mar 2002 | -12.21% | -26.07B | 213.52B |
| H1 FY2002 | 30 Sept 2001 | -11.16% | -25.40B | 227.63B |
| H2 FY2001 | 31 Mar 2001 | -7.96% | -18.68B | 234.58B |
| H1 FY2001 | 30 Sept 2000 | -3.37% | -7.80B | 231.49B |
| H2 FY2000 | 31 Mar 2000 | 0.37% | 857.03M | 234.77B |
| H1 FY2000 | 30 Sept 1999 | 0.69% | 421.96M | 60.91B |
| H2 FY1999 | 31 Mar 1999 | 83.11% | 1.01B | 1.22B |
| H1 FY1999 | 30 Sept 1998 | 116.89% | 877.19M | 750.45M |
| H2 FY1998 | 31 Mar 1998 | 154.00% | 675.59M | 438.70M |
| H1 FY1998 | 30 Sept 1997 | — | 783.55M | — |
| H2 FY1997 | 31 Mar 1997 | 66.43% | 722.24M | 1.09B |
| H1 FY1997 | 30 Sept 1996 | 36.04% | 452.47M | 1.26B |
| H2 FY1996 | 31 Mar 1996 | 31.99% | 397.28M | 1.24B |
| H1 FY1996 | 30 Sept 1995 | — | 270.65M | — |
| H2 FY1995 | 31 Mar 1995 | 26.50% | 264.23M | 996.94M |
| H1 FY1995 | 30 Sept 1994 | — | 303.20M | — |
| H2 FY1994 | 31 Mar 1994 | 33.08% | 297.40M | 899.04M |
| H1 FY1994 | 30 Sept 1993 | — | 265.42M | — |
| H2 FY1993 | 31 Mar 1993 | 34.19% | 253.75M | 742.22M |
| H1 FY1993 | 30 Sept 1992 | — | 295.09M | — |
| H2 FY1992 | 31 Mar 1992 | 45.34% | 286.68M | 632.25M |
| H1 FY1992 | 30 Sept 1991 | — | — | — |
| H2 FY1991 | 31 Mar 1991 | — | — | 603.35M |
| H1 FY1991 | 30 Sept 1990 | — | 430.15M | — |
| H2 FY1990 | 31 Mar 1990 | 43.99% | 161.33M | 366.74M |
| H1 FY1990 | 30 Sept 1989 | — | 128.30M | — |
| H2 FY1989 | 31 Mar 1989 | 34.38% | 95.27M | 277.09M |
| H1 FY1989 | 30 Sept 1988 | — | 69.89M | — |
| H2 FY1988 | 31 Mar 1988 | 93.35% | 44.50M | 47.67M |
| H1 FY1988 | 30 Sept 1987 | — | 12.48M | — |
| H2 FY1987 | 31 Mar 1987 | -59.50% | -19.53M | 32.83M |
| H1 FY1987 | 30 Sept 1986 | — | 990.96K | — |
| H2 FY1986 | 31 Mar 1986 | — | 2.56M | — |
| H1 FY1986 | 30 Sept 1985 | — | — | — |
Figures in EUR. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about Vodafone Group's ROE
Source: Financial Modeling Prep