AppFolio, Inc. (APPF) Return on equity 2016–2025
AppFolio, Inc. (APPF) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
26.0%FY2025 · since FY2016: -11.9% → 26.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 26.0% | -13.3 pp |
| FY2024 | 39.3% | +38.4 pp |
| FY2023 | 0.9% | +26.6 pp |
| FY2022 | -25.7% | -26.0 pp |
| FY2021 | 0.3% | -55.1 pp |
| FY2020 | 55.4% | +27.9 pp |
| FY2019 | 27.5% | +5.8 pp |
| FY2018 | 21.7% | +10.3 pp |
| FY2017 | 11.4% | +23.3 pp |
| FY2016 | -11.9% | — |
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