EURODRY LTD. (EDRY) Return on equity 2018–2022
EURODRY LTD. (EDRY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
29.4%FY2022 · since FY2018: 2.6% → 29.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2022 | 29.4% | -10.0 pp |
| FY2021 | 39.5% | +56.5 pp |
| FY2020 | -17.0% | -17.0 pp |
| FY2019 | 0.0% | -2.5 pp |
| FY2018 | 2.6% | — |
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
More EDRY financial trends
EDRY RevenueEDRY Net incomeEDRY Net marginEDRY Gross profitEDRY Gross marginEDRY Operating incomeEDRY Operating marginEDRY Operating cash flowEDRY Free cash flowEDRY Capital expendituresEDRY Stock buybacksEDRY Dividends paidEDRY Total assetsEDRY Total liabilitiesEDRY Shareholders’ equityEDRY overview →