Ballard Power Systems Inc. (BLDP) Return on equity 2016–2017
Ballard Power Systems Inc. (BLDP) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-6.7%FY2017 · since FY2016: -16.9% → -6.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2017 | -6.7% | +10.2 pp |
| FY2016 | -16.9% | — |
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