Flagship explainer

What drives CLEARFIELD, 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−3%Tax burden−93%net income ÷ pretax incomeInterest burden409%pretax ÷ operating incomeOperating margin1%operating income ÷ revenueAsset turnover0.48×revenue ÷ average assetsEquity multiplier1.17×average assets ÷ average equityAs of 2025-09-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$8.1MFY2025
Income before tax$8.7MFY2025
Operating income$2.1MFY2025
$150MFY2025
Ending assets$306MFY2025
Beginning assets$315MFY2024
$256MFY2025
$276MFY2024
Source: · event Sep 30, 2025 · retrieved Oct 16, 2026 · annual-row source set
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