ALTEX INDUSTRIES INC (ALTX) Return on equity 2016–2025
ALTEX INDUSTRIES INC (ALTX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-14.3%FY2025 · since FY2016: -24.1% → -14.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -14.3% | -42.6 pp |
| FY2024 | 28.3% | +39.8 pp |
| FY2023 | -11.6% | -35.1 pp |
| FY2022 | 23.5% | +31.6 pp |
| FY2021 | -8.1% | +3.6 pp |
| FY2020 | -11.6% | -9.1 pp |
| FY2019 | -2.6% | +3.1 pp |
| FY2018 | -5.6% | +3.6 pp |
| FY2017 | -9.3% | +14.8 pp |
| FY2016 | -24.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More ALTX financial trends
ALTX RevenueALTX Net incomeALTX Net marginALTX Gross profitALTX Gross marginALTX Operating incomeALTX Operating marginALTX Operating cash flowALTX Free cash flowALTX Capital expendituresALTX Stock buybacksALTX Dividends paidALTX Total assetsALTX Total liabilitiesALTX Shareholders’ equityALTX overview →