TrueCar, Inc.

NasdaqGS TRUE

TrueCar, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: -18.43%

TrueCar, Inc. Return on Equity (ROE) is -18.43% for the Trailing 12 Months (TTM) ending September 30, 2024, a 50.91% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

TrueCar, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was -37.55%, a 7.77% change year over year.
TrueCar, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2022 was -40.72%, a -330.43% change year over year.
TrueCar, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2021 was 17.67%, a 397.53% change year over year.
TrueCar, Inc. Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2020 was -5.94%, a 61.86% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NasdaqGS: TRUE

TrueCar, Inc.

CEO	Mr. Jantoon E. Reigersman
IPO Date	May 16, 2014
Location	United States
Headquarters	120 Broadway
Employees	324
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Automotive Parts Autonomous Driving Credit Cards & Payments E-commerce Fintech Ridesharing Stock Exchanges & Brokers

Description

TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides accurate, geographically specific, and real-time pricing information for consumers and dealers; TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.

Key trends

Past 5 years