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