NL INDUSTRIES, INC. (NL) Return on equity 2016–2025
NL INDUSTRIES, INC. (NL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-10.5%FY2025 · since FY2016: 8.6% → -10.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -10.5% | -27.5 pp |
| FY2024 | 16.9% | +17.6 pp |
| FY2023 | -0.6% | -9.5 pp |
| FY2022 | 8.9% | -5.3 pp |
| FY2021 | 14.1% | +9.4 pp |
| FY2020 | 4.7% | -3.8 pp |
| FY2019 | 8.5% | +22.9 pp |
| FY2018 | -14.4% | -49.1 pp |
| FY2017 | 34.6% | +26.0 pp |
| FY2016 | 8.6% | — |
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