JWELNasdaqRetail-Nonstore RetailersFiscal year ends December 31
Jowell Global Ltd.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 30, 2026
$2.08−0.06 (-2.85%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
–
Operating margin
-3.0%−8.3 pts over 5 years
Net margin
-3.8%−7.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +24.1% | -7.7% | +11.2% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 31.0% | -44.3% | |
| Return on assets | – | 15.9% | -26.3% | |
| Current ratio | – | 2.47 | 1.68 | |
| Interest coverage | – | – | – | |
| Inventory turnover | – | 0.0× | – | |
| Capex to revenue | – | 0.0% | 0.0% | |
| Diluted shares | – | 1M | 2M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Jowell Global generated $45.84M from operations and spent $1.41M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$45.84M
Used
$1.41M
Capital expenditure$1.41M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-3.8%
×Asset turnover6.91×
×Equity multiplier1.68×
=Return on equity, FY2025-44.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -3.8% | 6.91× | 1.68× | -44.3% |
| FY2024 | -6.0% | 4.35× | 1.45× | -37.8% |
| FY2023 | -7.2% | 3.00× | 1.70× | -36.6% |
| FY2022 | -5.5% | 3.23× | 1.68× | -29.9% |
| FY2021 | -3.7% | 3.69× | 1.58× | -21.9% |
| FY2020 | 3.7% | 4.29× | 1.95× | 31.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$6.28M
- Cash generatingOperating cash flow above zero-$1.53M
- Return on assets improvedROA up on the prior year-22.6% → -24.3%
- Earnings backed by cashOperating cash flow above net income-$1.53M vs -$6.28M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.38 → 1.68
- No dilutionShare count did not rise2M → 2M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose3.77 → 6.38