MIND TECHNOLOGY, INC (MIND) Return on equity 2017–2026
MIND TECHNOLOGY, INC (MIND) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
1.8%FY2026 · since FY2017: -41.0% → 1.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 1.8% | -62.6 pp |
| FY2025 | 64.4% | +79.9 pp |
| FY2024 | -15.5% | +22.8 pp |
| FY2023 | -38.3% | +11.5 pp |
| FY2022 | -49.8% | +16.9 pp |
| FY2021 | -66.8% | -43.1 pp |
| FY2020 | -23.7% | +11.3 pp |
| FY2019 | -35.0% | -3.0 pp |
| FY2018 | -32.0% | +9.0 pp |
| FY2017 | -41.0% | — |
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