COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) Return on equity 2023–2024
COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-91.6%FY2024 · since FY2023: 208.9% → -91.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -91.6% | -300.5 pp |
| FY2023 | 208.9% | — |
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