EMPIRE PETROLEUM CORPORATION (EP) Return on equity 2017–2024
EMPIRE PETROLEUM CORPORATION (EP) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-25.8%FY2024 · since FY2017: -647.5% → -25.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -25.8% | +9.9 pp |
| FY2023 | -35.7% | -66.2 pp |
| FY2022 | 30.5% | +219.8 pp |
| FY2021 | -189.3% | — |
| FY2017 | -647.5% | — |
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