Flagship explainer

What drives AMCON DISTRIBUTING 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 equity1%Tax burden36%net income ÷ pretax incomeInterest burden12%pretax ÷ operating incomeOperating margin0%operating income ÷ revenueAsset turnover7.36×revenue ÷ average assetsEquity multiplier3.40×average assets ÷ average equityAs of 2025-09-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$568739FY2025
Income before tax$1.6MFY2025
Operating income$12.6MFY2025
$2.8BFY2025
Ending assets$391MFY2025
Beginning assets$374MFY2024
$113MFY2025
$112MFY2024
Source: · event Sep 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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