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 equity18%Tax burden84%net income ÷ pretax incomeInterest burden120%pretax ÷ operating incomeOperating margin222%operating income ÷ revenueAsset turnover0.05×revenue ÷ average assetsEquity multiplier1.47×average assets ÷ average equityAs of 2025-06-30 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$8.1MFY2025
Income before tax$9.7MFY2025
Operating income$8.1MFY2025
$3.7MFY2025
Ending assets$79.1MFY2025
Beginning assets$56.5MFY2024
$50.8MFY2025
$41.3MFY2024
Source: · event Jun 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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ESP dupont explainer — Buy Like Buffett · Buy Like Buffett