TPI Composites, Inc. (TPICQ) Return on equity 2016–2022
TPI Composites, Inc. (TPICQ) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-129.4%FY2022 · since FY2016: 15.8% → -129.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2022 | -129.4% | +1.5 pp |
| FY2021 | -130.8% | -121.4 pp |
| FY2020 | -9.5% | -1.8 pp |
| FY2019 | -7.7% | -10.0 pp |
| FY2018 | 2.4% | -15.2 pp |
| FY2017 | 17.6% | +1.8 pp |
| FY2016 | 15.8% | — |
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