EuroDry Ltd. (EDRY) Return on equity 2018–2022
EuroDry Ltd. (EDRY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
29.4%FY2022 · since FY2018: 2.6% → 29.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2022 | 29.4% | -10.0 pp |
| FY2021 | 39.5% | +56.5 pp |
| FY2020 | -17.0% | -17.0 pp |
| FY2019 | 0.0% | -2.5 pp |
| FY2018 | 2.6% | — |
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