NOVAGOLD RESOURCES INC. (NG) Return on equity 2016–2025
NOVAGOLD RESOURCES INC. (NG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-57.8%FY2025 · since FY2016: -11.3% → -57.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -57.8% | — |
| FY2021 | -51.8% | -21.5 pp |
| FY2020 | -30.3% | -10.2 pp |
| FY2019 | -20.1% | +50.1 pp |
| FY2018 | -70.2% | -56.4 pp |
| FY2017 | -13.7% | -2.5 pp |
| FY2016 | -11.3% | — |
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