Flagship explainer

What drives Associated Capital Group, Inc.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity5%Tax burden84%net income ÷ pretax incomeInterest burden−281%pretax ÷ operating incomeOperating margin−142%operating income ÷ revenueAsset turnover0.01×revenue ÷ average assetsEquity multiplier1.04×average assets ÷ average equityAs of 2024-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$44.3MFY2024
Income before tax$52.7MFY2024
Operating income−$18.8MFY2024
$13.2MFY2024
Ending assets$935MFY2024
Beginning assets$944MFY2023
$893MFY2024
$907MFY2023
Source: · event Dec 31, 2024 · retrieved Jul 26, 2026 · annual-row source set
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