Altex Industries Return on Equity (ROE) Growth & History (ALTX)

Altex Industries's return on equity was −13.30% for fiscal 2025.

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Altex Industries annual return on equity history

Altex Industries annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20252025-09-30−13.30%−45.93 pp
20242024-09-3032.64%+43.27 pp
20232023-09-30−10.64%−37.29 pp
20222022-09-3026.65%+34.32 pp
20212021-09-30−7.67%+3.29 pp
20202020-09-30−10.96%−8.45 pp
20192019-09-30−2.51%+2.92 pp
20182018-09-30−5.43%+3.40 pp
20172017-09-30−8.83%+12.58 pp
20162016-09-30−21.41%−4.78 pp
20152015-09-30−16.63%−4.11 pp
20142014-09-30−12.53%−2.47 pp
20132013-09-30−10.06%−0.56 pp
20122012-09-30−9.50%+0.56 pp
20112011-09-30−10.06%

Altex Industries return on equity trends

Over the last five fiscal years, Altex Industries's return on equity decreased from −10.96% to −13.30%, a change of −2.34 percentage points. The latest reported quarter, Q3 2026, shows 1.65%.

About the metric

What return on equity (ROE) means

Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.

Calculation and source

How return on equity is calculated

TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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