CODA OCTOPUS GROUP, INC. (CODA) Return on equity 2016–2025
CODA OCTOPUS GROUP, INC. (CODA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
7.1%FY2025 · since FY2016: 48.6% → 7.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 7.1% | +0.2 pp |
| FY2024 | 6.9% | +0.4 pp |
| FY2023 | 6.5% | -3.5 pp |
| FY2022 | 9.9% | -2.1 pp |
| FY2021 | 12.1% | +2.3 pp |
| FY2020 | 9.7% | -7.3 pp |
| FY2019 | 17.1% | -3.4 pp |
| FY2018 | 20.5% | -3.7 pp |
| FY2017 | 24.2% | -24.4 pp |
| FY2016 | 48.6% | — |
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