CLEARFIELD, INC. (CLFD) Return on equity 2016–2025
CLEARFIELD, INC. (CLFD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-3.1%FY2025 · since FY2016: 12.8% → -3.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -3.1% | +1.4 pp |
| FY2024 | -4.5% | -14.8 pp |
| FY2023 | 10.3% | -23.1 pp |
| FY2022 | 33.4% | +13.9 pp |
| FY2021 | 19.6% | +10.8 pp |
| FY2020 | 8.8% | +2.7 pp |
| FY2019 | 6.1% | -0.1 pp |
| FY2018 | 6.2% | +0.2 pp |
| FY2017 | 6.0% | -6.8 pp |
| FY2016 | 12.8% | — |
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