Cumulus Media Inc. (CMLS) Return on equity 2019–2024
Cumulus Media Inc. (CMLS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-4075.0%FY2024 · since FY2019: 13.5% → -4075.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -4075.0% | -4033.9 pp |
| FY2023 | -41.1% | -45.1 pp |
| FY2022 | 4.0% | -0.1 pp |
| FY2021 | 4.1% | +19.1 pp |
| FY2020 | -15.0% | -28.5 pp |
| FY2019 | 13.5% | — |
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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