ALTEX INDUSTRIES INC (ALTX) Return on equity 2016–2025
ALTEX INDUSTRIES INC (ALTX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-14.3%FY2025 · since FY2016: -24.1% → -14.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -14.3% | -42.6 pp |
| FY2024 | 28.3% | +39.8 pp |
| FY2023 | -11.6% | -35.1 pp |
| FY2022 | 23.5% | +31.6 pp |
| FY2021 | -8.1% | +3.6 pp |
| FY2020 | -11.6% | -9.1 pp |
| FY2019 | -2.6% | +3.1 pp |
| FY2018 | -5.6% | +3.6 pp |
| FY2017 | -9.3% | +14.8 pp |
| FY2016 | -24.1% | — |
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