TON Strategy Co (TONX) Return on equity 2019–2025
TON Strategy Co (TONX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-36.5%FY2025 · since FY2019: -139.1% → -36.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -36.5% | +27.2 pp |
| FY2024 | -63.8% | +640.1 pp |
| FY2023 | -703.8% | +20.9 pp |
| FY2022 | -724.7% | -465.8 pp |
| FY2021 | -258.9% | -26.6 pp |
| FY2020 | -232.3% | -93.2 pp |
| FY2019 | -139.1% | — |
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