Cardinal Infrastructure Group Inc (CDNL) Return on equity 2023–2025
Cardinal Infrastructure Group Inc (CDNL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
38.8%FY2025 · since FY2023: 275.4% → 38.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 38.8% | -52.6 pp |
| FY2024 | 91.5% | -184.0 pp |
| FY2023 | 275.4% | — |
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