Envirotech Vehicles, Inc. (AZIO) Return on equity 2017–2024
Envirotech Vehicles, Inc. (AZIO) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-60.6%FY2024 · since FY2017: -456.6% → -60.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -60.6% | +151.7 pp |
| FY2023 | -212.3% | -188.4 pp |
| FY2022 | -23.9% | -23.5 pp |
| FY2021 | -0.4% | — |
| FY2018 | -288.0% | +168.6 pp |
| FY2017 | -456.6% | — |
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