STARCO BRANDS, INC. (STCB) Return on equity 2022–2023
STARCO BRANDS, INC. (STCB) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-269.1%FY2023 · since FY2022: 2.5% → -269.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -269.1% | -271.6 pp |
| FY2022 | 2.5% | — |
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