Flagship explainer

What drives Advanced Energy Industries, 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 equity12%Tax burden88%net income ÷ pretax incomeInterest burden100%pretax ÷ operating incomeOperating margin9%operating income ÷ revenueAsset turnover0.75×revenue ÷ average assetsEquity multiplier1.87×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$148MFY2025
Income before tax$169MFY2025
Operating income$168MFY2025
$1.8BFY2025
Ending assets$2.5BFY2025
Beginning assets$2.3BFY2024
$1.4BFY2025
$1.2BFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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