INTERACTIVE STRENGTH INC. (TRNR)

Technology · Electronic & Other Electrical Equipment (No Computer Equip) · Price $2.89
Updated: Sep 1, 2026
Below Average Equity Returns — Technology
ROE of -436.60% — below the 10% floor Zyberno applies to Technology businesses.
ROE
-436.60%
Return on Equity
ROIC
-177.18%
Return on Invested Capital
ROA
-52.97%
Return on Assets
Debt/Equity
1.20x
Leverage Ratio
Book Value/Share
$2.17
Equity Per Share

🧮 TRNR ROE Calculation

ROE = Net Income / Shareholders' Equity
Net Income (TTM) $-33.0M
Shareholders' Equity $3.3M
Total Debt $4.0M
Debt-to-Equity Ratio 1.20x
ROE (Return on Equity) -436.60%

Understanding ROE

Return on Equity (ROE) measures how efficiently a company generates profits from shareholders' equity. For TRNR, the current ROE is -436.60%.

Why ROE Matters

Warren Buffett has called ROE one of his favorite metrics because it shows how well management uses shareholders' capital to generate returns. A company that consistently earns 15%+ ROE is typically a well-run business that creates value for shareholders.

ROE Benchmarks

Excellent: >20%

Exceptional returns on equity. Often indicates strong competitive advantages. Common in capital-light businesses.

Good: 15-20%

Above-average ROE. Buffett often looks for companies in this range or higher.

Average: 10-15%

Typical for most companies. Returns are reasonable but not exceptional.

Below Average: <10%

May indicate poor capital allocation or challenging business conditions.

The DuPont Analysis

ROE can be decomposed into three components using DuPont analysis:

ROE = Net Margin × Asset Turnover × Equity Multiplier

This breakdown reveals whether high ROE comes from high profitability (good), efficient asset use (good), or high leverage (potentially risky).

ROE vs ROIC: Which is Better?

ROIC: -177.18% →

ROIC measures returns on ALL capital. It's more comprehensive and less affected by leverage. Often considered the better quality metric.

ROE: -436.60%

ROE only measures returns on equity. Can be inflated by high debt. If ROE >> ROIC, the company uses significant leverage.

Owner Earnings: N/A →

Shows actual cash available to owners. Use alongside ROE and ROIC for complete analysis.

Net Income: $-33.0M →

The numerator in ROE. Understanding net income trends helps explain ROE changes over time.

What to Look For

📊 Full TRNR Stock Report

Intrinsic value, margin of safety, DCF valuation, and 250+ metrics.

🏆 TRNR ROIC

Compare ROE to ROIC — the more comprehensive measure of capital efficiency.

💹 TRNR P/E Ratio

Analyze valuation relative to earnings and understand market pricing.

👤 TRNR Owner Earnings

Warren Buffett's preferred measure of true economic earnings available to owners.

💰 TRNR Net Income

See the earnings that drive ROE calculations.

💵 TRNR Free Cash Flow

Actual cash generation after capital expenditures.

View Full TRNR Report Find More Quality Stocks
📊 Valuation Trilogy
Three interconnected metrics built on Owner Earnings
💎
Intrinsic Value
DCF Fair Value
🛡️
Margin of Safety
Valuation Gap
🎯
Expected Return
Projected Annual
Click any metric for full methodology and detailed analysis

Summary: TRNR Return on Equity

INTERACTIVE STRENGTH INC. (TRNR) has a ROE of -436.60% — below the 10% floor Zyberno applies to technology companies where high equity returns reflect software economics and capital-light scaling, indicating weak returns on shareholders' capital. Note: with a debt-to-equity of 1.20x, leverage is amplifying these returns — compare with ROIC (-177.18%) for a leverage-neutral view. For complete financial analysis, view the full TRNR stock report on Zyberno.

Frequently Asked Questions

What is TRNR's current ROE?

INTERACTIVE STRENGTH INC.'s Return on Equity (ROE) is -436.60%, measured against the 25% excellent threshold Zyberno applies to Technology businesses. ROE measures the company's profitability relative to shareholders' equity.

Is TRNR's ROE good?

INTERACTIVE STRENGTH INC. (TRNR) has a ROE of -436.60% — below the 10% floor Zyberno applies to technology companies where high equity returns reflect software economics and capital-light scaling, indicating weak returns on shareholders' capital. Note: with a debt-to-equity of 1.20x, leverage is amplifying these returns — compare with ROIC (-177.18%) for a leverage-neutral view.

What is the difference between ROE and ROIC?

ROE measures returns on shareholder equity only, while ROIC measures returns on all invested capital (debt + equity). TRNR's ROE is -436.60% vs ROIC of -177.18%. ROE can be inflated by high debt, making ROIC often a more reliable quality metric.

Can high ROE be misleading?

Yes, high ROE can be misleading if achieved through high debt. TRNR's debt-to-equity ratio is 1.20x. Compare ROE to ROIC — if ROE is much higher than ROIC, the company uses significant leverage which adds risk.

📊 Full TRNR Stock Report

See TRNR's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.

🏆 TRNR ROIC

Compare to Return on Invested Capital — the most comprehensive measure of capital efficiency.

💹 TRNR P/E Ratio

Analyze the price-to-earnings ratio and earnings yield as a valuation metric.

🎯 TRNR Earnings Surprise (SUE)

See whether TRNR is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.

👤 TRNR Owner Earnings

Warren Buffett's preferred measure of true economic earnings available to owners.

💰 TRNR Net Income

See the bottom-line profit that drives return calculations.

📊 TRNR EPS

Earnings per share — net income on a per-share basis.

View Full TRNR Report Find More Quality Stocks
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