INNOVATE CORP. (VATE) Return on equity 2016–2020
INNOVATE CORP. (VATE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-16.4%FY2020 · since FY2016: -213.7% → -16.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | -16.4% | -7.4 pp |
| FY2019 | -9.0% | -192.9 pp |
| FY2018 | 183.9% | +248.0 pp |
| FY2017 | -64.2% | +149.6 pp |
| FY2016 | -213.7% | — |
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
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