Codexis, Inc. (CDXS) Return on equity 2016–2025
Codexis, Inc. (CDXS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-87.0%FY2025 · since FY2016: -44.8% → -87.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -87.0% | +10.5 pp |
| FY2024 | -97.5% | -9.5 pp |
| FY2023 | -88.0% | -64.8 pp |
| FY2022 | -23.2% | -10.3 pp |
| FY2021 | -12.9% | +1.2 pp |
| FY2020 | -14.1% | -2.8 pp |
| FY2019 | -11.3% | +8.0 pp |
| FY2018 | -19.3% | +74.4 pp |
| FY2017 | -93.7% | -48.9 pp |
| FY2016 | -44.8% | — |
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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