Energy Services of America CORP (ESOA) Return on equity 2016–2022
Energy Services of America CORP (ESOA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
13.3%FY2022 · since FY2016: 14.4% → 13.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2022 | 13.3% | +18.0 pp |
| FY2021 | -4.8% | -13.0 pp |
| FY2020 | 8.2% | +1.4 pp |
| FY2019 | 6.8% | -3.9 pp |
| FY2018 | 10.8% | +12.6 pp |
| FY2017 | -1.8% | -16.2 pp |
| FY2016 | 14.4% | — |
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