UNITED-GUARDIAN, INC. (UG) Return on equity 2016–2025
UNITED-GUARDIAN, INC. (UG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
18.7%FY2025 · since FY2016: 18.7% → 18.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 18.7% | -8.6 pp |
| FY2024 | 27.4% | +4.7 pp |
| FY2023 | 22.7% | -5.1 pp |
| FY2022 | 27.7% | -19.7 pp |
| FY2021 | 47.4% | +15.5 pp |
| FY2020 | 31.9% | -12.9 pp |
| FY2019 | 44.8% | +4.9 pp |
| FY2018 | 39.8% | +6.1 pp |
| FY2017 | 33.7% | +15.1 pp |
| FY2016 | 18.7% | — |
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