RideNow Group, Inc. (RDNW) Return on equity 2016–2024
RideNow Group, Inc. (RDNW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-214.2%FY2024 · since FY2016: -20.5% → -214.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -214.2% | -10.1 pp |
| FY2023 | -204.1% | -77.1 pp |
| FY2022 | -126.9% | -124.7 pp |
| FY2021 | -2.3% | +544.8 pp |
| FY2020 | -547.0% | -196.5 pp |
| FY2019 | -350.6% | -268.9 pp |
| FY2018 | -81.7% | -22.0 pp |
| FY2017 | -59.7% | -39.1 pp |
| FY2016 | -20.5% | — |
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 RDNW financial trends
RDNW RevenueRDNW Net incomeRDNW Net marginRDNW Gross profitRDNW Gross marginRDNW Operating incomeRDNW Operating marginRDNW Operating cash flowRDNW Free cash flowRDNW Capital expendituresRDNW Stock buybacksRDNW Dividends paidRDNW Total assetsRDNW Total liabilitiesRDNW Shareholders’ equityRDNW overview →