Fullnet Communications Return on Equity (ROE) Growth & History (FULO)

Fullnet Communications's return on equity was 35.20% for fiscal 2023.

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Fullnet Communications annual return on equity history

Fullnet Communications annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20232023-12-3135.20%−13.58 pp
20222022-12-3148.77%−47.39 pp
20212021-12-3196.16%−1124.12 pp
20202020-12-311,220.29%

Fullnet Communications return on equity trends

Between the periods ended 2020-12-31 and 2023-12-31, Fullnet Communications's return on equity decreased from 1,220.29% to 35.20%, a change of −1185.09 percentage points. The latest reported quarter, Q4 2023, shows 6.19%.

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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