Company / Return on Equity (ROE)
AST SpaceMobile, Inc. Return on Equity (ROE) History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-44.9%
FY2024
5-year range
-44.9% / -8.7%
FY2020-FY2024
Trend
-9.4%
vs FY2023
Sector context
#58 of 64
Communication Services
What the data says
AST SpaceMobile, Inc. reports negative total equity of -44.9% in FY2024. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-44.9% in FY2024 with a 5-year CAGR of -47.1%.
Declined from -8.8% to -44.9% over the past 2 years.
Communication Services sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -36.2pp
- 5-Year Change
- -47.1pp
- 10-Year Change
- -
Sector benchmark
Bottom 9% in Communication ServicesTop 91% of 64This company -44.9% Sector average 5.2%
▼
-963.1% below sector average
Key checks
Key Insights
- AST SpaceMobile, Inc.'s return on equity (roe) has declined for 3 consecutive years.
- In FY2024, return on equity (roe) decreased 9.4% year-over-year.
- Currently 50.0pp below the Communication Services sector average.
- Peak return on equity (roe) was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.95 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2024 | -44.9% | -9.4% |
| FY2023 | -41.0% | -366.4% |
| FY2022 | -8.8% | -1.3% |
| FY2021 | -8.7% | +71.6% |
| FY2020 | -30.5% | -1486.8% |
| FY2019 | 2.2% | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026