SPINDLETOP OIL & GAS CO. (SPND) Return on equity 2016–2025
SPINDLETOP OIL & GAS CO. (SPND) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-13.1%FY2025 · since FY2016: 7.8% → -13.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -13.1% | -9.3 pp |
| FY2024 | -3.8% | -3.8 pp |
| FY2023 | 0.0% | -3.8 pp |
| FY2022 | 3.9% | -2.4 pp |
| FY2021 | 6.3% | +12.0 pp |
| FY2020 | -5.8% | -1.8 pp |
| FY2019 | -3.9% | -5.5 pp |
| FY2018 | 1.5% | +1.6 pp |
| FY2017 | 0.0% | -7.8 pp |
| FY2016 | 7.8% | — |
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 SPND financial trends
SPND RevenueSPND Net incomeSPND Net marginSPND Gross profitSPND Gross marginSPND Operating incomeSPND Operating marginSPND Operating cash flowSPND Free cash flowSPND Capital expendituresSPND Stock buybacksSPND Dividends paidSPND Total assetsSPND Total liabilitiesSPND Shareholders’ equitySPND overview →