Track Group, Inc. (TRCK) Return on equity 2017–2021
Track Group, Inc. (TRCK) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-12.9%FY2021 · since FY2017: -79.1% → -12.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2021 | -12.9% | — |
| FY2018 | -331.3% | -252.2 pp |
| FY2017 | -79.1% | — |
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