Townsquare Media, Inc. (TSQ) Return on equity 2016–2023
Townsquare Media, Inc. (TSQ) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-453.6%FY2023 · since FY2016: 5.9% → -453.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -453.6% | -471.5 pp |
| FY2022 | 17.9% | -15.9 pp |
| FY2021 | 33.8% | +115.6 pp |
| FY2020 | -81.9% | -44.7 pp |
| FY2019 | -37.1% | +1.5 pp |
| FY2018 | -38.6% | -34.8 pp |
| FY2017 | -3.8% | -9.7 pp |
| FY2016 | 5.9% | — |
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