NOBLE ROMAN’S, INC. (NROM) Return on equity 2016–2025
NOBLE ROMAN’S, INC. (NROM) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
34.2%FY2025 · since FY2016: -6.2% → 34.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 34.2% | +34.3 pp |
| FY2024 | -0.1% | -66.8 pp |
| FY2023 | 66.7% | +251.7 pp |
| FY2022 | -185.0% | -202.6 pp |
| FY2021 | 17.6% | +245.9 pp |
| FY2020 | -228.3% | -223.5 pp |
| FY2019 | -4.8% | +32.8 pp |
| FY2018 | -37.6% | -5.8 pp |
| FY2017 | -31.8% | -25.6 pp |
| FY2016 | -6.2% | — |
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