ARDELYX, INC. (ARDX) Return on equity 2017–2025
ARDELYX, INC. (ARDX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-37.1%FY2025 · since FY2017: -46.2% → -37.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -37.1% | -14.6 pp |
| FY2024 | -22.5% | +17.1 pp |
| FY2023 | -39.6% | +28.6 pp |
| FY2022 | -68.1% | +123.1 pp |
| FY2021 | -191.2% | -116.5 pp |
| FY2020 | -74.8% | -23.9 pp |
| FY2019 | -50.9% | +28.0 pp |
| FY2018 | -78.8% | -32.6 pp |
| FY2017 | -46.2% | — |
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