DRIVEITAWAY HOLDINGS, INC. (DWAY) Return on equity 2016–2018
DRIVEITAWAY HOLDINGS, INC. (DWAY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-46.3%FY2018 · since FY2016: -133.7% → -46.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | -46.3% | +103.3 pp |
| FY2017 | -149.6% | -15.9 pp |
| FY2016 | -133.7% | — |
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