EARTH SCIENCE TECH, INC. (ETST) Return on equity 2023–2026
EARTH SCIENCE TECH, INC. (ETST) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
51.8%FY2026 · since FY2023: -32.6% → 51.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 51.8% | -32.7 pp |
| FY2025 | 84.5% | +48.4 pp |
| FY2024 | 36.1% | +68.7 pp |
| FY2023 | -32.6% | — |
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
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