Lightwave Logic, Inc. (LWLG) Return on equity 2023–2025
Lightwave Logic, Inc. (LWLG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-27.2%FY2025 · since FY2023: 57.7% → -27.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -27.2% | +40.2 pp |
| FY2024 | -67.4% | -125.2 pp |
| FY2023 | 57.7% | — |
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