Flagship explainer

What drives COGENT COMMUNICATIONS HOLDINGS, 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 equity−229%Tax burden74%net income ÷ pretax incomeInterest burden242%pretax ÷ operating incomeOperating margin−10%operating income ÷ revenueAsset turnover0.31×revenue ÷ average assetsEquity multiplier39.45×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$182MFY2025
Income before tax−$245MFY2025
Operating income−$101MFY2025
$976MFY2025
Ending assets$3.1BFY2025
Beginning assets$3.2BFY2024
−$63.8MFY2025
$223MFY2024
Source: · event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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