TAL Education Group (TAL) Return on equity 2017–2026
TAL Education Group (TAL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
14.1%FY2026 · since FY2017: 18.1% → 14.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 14.1% | +11.8 pp |
| FY2025 | 2.2% | +2.3 pp |
| FY2024 | -0.1% | +3.4 pp |
| FY2023 | -3.5% | +24.7 pp |
| FY2022 | -28.2% | -26.0 pp |
| FY2021 | -2.2% | +2.2 pp |
| FY2020 | -4.4% | -19.2 pp |
| FY2019 | 14.8% | +2.5 pp |
| FY2018 | 12.2% | -5.9 pp |
| FY2017 | 18.1% | — |
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