RESEARCH FRONTIERS INCORPORATED (REFR) Return on equity 2016–2025
RESEARCH FRONTIERS INCORPORATED (REFR) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-219.1%FY2025 · since FY2016: -86.4% → -219.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -219.1% | -168.7 pp |
| FY2024 | -50.4% | +3.9 pp |
| FY2023 | -54.2% | +1.4 pp |
| FY2022 | -55.6% | -6.9 pp |
| FY2021 | -48.8% | -4.9 pp |
| FY2020 | -43.9% | +10.0 pp |
| FY2019 | -54.0% | +32.7 pp |
| FY2018 | -86.7% | +7.4 pp |
| FY2017 | -94.0% | -7.6 pp |
| FY2016 | -86.4% | — |
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 REFR financial trends
REFR RevenueREFR Net incomeREFR Net marginREFR Gross profitREFR Gross marginREFR Operating incomeREFR Operating marginREFR Operating cash flowREFR Free cash flowREFR Capital expendituresREFR Stock buybacksREFR Dividends paidREFR Total assetsREFR Total liabilitiesREFR Shareholders’ equityREFR overview →