Flagship explainer

What drives EquipmentShare.com 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 equity7%Tax burden74%net income ÷ pretax incomeInterest burden18%pretax ÷ operating incomeOperating margin15%operating income ÷ revenueAsset turnover0.38×revenue ÷ average assetsEquity multiplier10.03×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$40MFY2025
Income before tax$54MFY2025
Operating income$297MFY2025
$2.0BFY2025
Ending assets$6.0BFY2025
Beginning assets$4.8BFY2024
$528MFY2025
$549MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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EQPT dupont explainer — Buy Like Buffett · Buy Like Buffett