TALPHERA, INC. (TLPH) Return on equity 2018–2025
TALPHERA, INC. (TLPH) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-83.9%FY2025 · since FY2018: -1108.6% → -83.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -83.9% | +78.6 pp |
| FY2024 | -162.5% | -32.1 pp |
| FY2023 | -130.4% | -349.3 pp |
| FY2022 | 218.9% | — |
| FY2018 | -1108.6% | — |
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