Ridgetech, Inc. (RDGT) Return on equity 2020–2026
Ridgetech, Inc. (RDGT) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-3.1%FY2026 · since FY2020: -31.0% → -3.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | -3.1% | -37.5 pp |
| FY2025 | 34.4% | +61.5 pp |
| FY2024 | -27.1% | +90.3 pp |
| FY2023 | -117.3% | -104.1 pp |
| FY2022 | -13.3% | +18.3 pp |
| FY2021 | -31.5% | -0.6 pp |
| FY2020 | -31.0% | — |
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