LEE ENTERPRISES, INC (LEE) Return on equity 2021–2023
LEE ENTERPRISES, INC (LEE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-24.8%FY2023 · since FY2021: 55.3% → -24.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -24.8% | -11.4 pp |
| FY2022 | -13.4% | -68.8 pp |
| FY2021 | 55.3% | — |
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