ASURE SOFTWARE, INC. (ASUR) Return on equity 2016–2023
ASURE SOFTWARE, INC. (ASUR) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-4.8%FY2023 · since FY2016: -5.3% → -4.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -4.8% | +5.2 pp |
| FY2022 | -10.0% | -12.0 pp |
| FY2021 | 2.0% | +13.2 pp |
| FY2020 | -11.2% | -33.0 pp |
| FY2019 | 21.8% | +29.2 pp |
| FY2018 | -7.4% | +1.6 pp |
| FY2017 | -9.0% | -3.6 pp |
| FY2016 | -5.3% | — |
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