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Home/MIND/Return on equity

MIND TECHNOLOGY, INC (MIND) Return on equity 2017–2026

MIND TECHNOLOGY, INC (MIND) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.

1.8%FY2026 · since FY2017: -41.0% → 1.8%
17181920212223242526
Fiscal yearValueYoY
FY20261.8%-16.8 pp
FY202518.6%+17.4 pp
FY20241.2%+39.5 pp
FY2023-38.3%+11.5 pp
FY2022-49.8%+16.9 pp
FY2021-66.8%-43.1 pp
FY2020-23.7%+11.3 pp
FY2019-35.0%-3.0 pp
FY2018-32.0%+9.0 pp
FY2017-41.0%—

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 MIND financial trends

MIND RevenueMIND Net incomeMIND Net marginMIND Gross profitMIND Gross marginMIND Operating incomeMIND Operating marginMIND Operating cash flowMIND Free cash flowMIND Capital expendituresMIND Stock buybacksMIND Dividends paidMIND Total assetsMIND Total liabilitiesMIND Shareholders’ equityMIND overview →