RESEARCH FRONTIERS INCORPORATED (REFR) Return on equity 2016–2025
RESEARCH FRONTIERS INCORPORATED (REFR) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-219.1%FY2025 · since FY2016: -86.4% → -219.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -219.1% | -168.7 pp |
| FY2024 | -50.4% | +3.9 pp |
| FY2023 | -54.2% | +1.4 pp |
| FY2022 | -55.6% | -6.9 pp |
| FY2021 | -48.8% | -4.9 pp |
| FY2020 | -43.9% | +10.0 pp |
| FY2019 | -54.0% | +32.7 pp |
| FY2018 | -86.7% | +7.4 pp |
| FY2017 | -94.0% | -7.6 pp |
| FY2016 | -86.4% | — |
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