Texxon Holding annual return on equity
2023
2024
Texxon Holding Return on Equity (ROE) Growth & History (NPT)
Texxon Holding's return on equity was 6.31% for fiscal 2024.
View full Texxon Holding company overviewTexxon Holding annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-06-30 | 6.31% | −4.48 pp |
| 2023 | 2023-06-30 | 10.79% | — |
Texxon Holding return on equity trends
Between the periods ended 2023-06-30 and 2024-06-30, Texxon Holding's return on equity decreased from 10.79% to 6.31%, a change of −4.48 percentage points.
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.
Review Texxon Holding source filings ↗