Flagship explainer

What drives BECTON DICKINSON & CO’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 equity7%Tax burden89%net income ÷ pretax incomeInterest burden73%pretax ÷ operating incomeOperating margin12%operating income ÷ revenueAsset turnover0.39×revenue ÷ average assetsEquity multiplier2.20×average assets ÷ average equityAs of 2025-09-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$1.7BFY2025
Income before tax$1.9BFY2025
Operating income$2.6BFY2025
$21.8BFY2025
Ending assets$55.3BFY2025
Beginning assets$57.3BFY2024
$25.4BFY2025
$25.9BFY2024
Source: · event Sep 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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