Flagship explainer

What drives ESPEY MFG. & ELECTRONICS CORP.’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 equity20%Tax burden84%net income ÷ pretax incomeInterest burden115%pretax ÷ operating incomeOperating margin171%operating income ÷ revenueAsset turnover0.08×revenue ÷ average assetsEquity multiplier1.58×average assets ÷ average equityAs of 2026-06-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$11.2MFY2026
Income before tax$13.3MFY2026
Operating income$11.6MFY2026
$6.8MFY2026
Ending assets$97.2MFY2026
Beginning assets$79.1MFY2025
$60.6MFY2026
$50.8MFY2025
Source: · event Jun 30, 2026 · retrieved Oct 15, 2026 · annual-row source set
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ESP dupont explainer — Buy Like Buffett · Buy Like Buffett