Flagship explainer

What drives National Beverage 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 equity34%Tax burden76%net income ÷ pretax incomeInterest burden105%pretax ÷ operating incomeOperating margin19%operating income ÷ revenueAsset turnover1.55×revenue ÷ average assetsEquity multiplier1.41×average assets ÷ average equityAs of 2026-05-02 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$184MFY2026
Income before tax$241MFY2026
Operating income$230MFY2026
$1.2BFY2026
Ending assets$852MFY2026
Beginning assets$673MFY2025
$636MFY2026
$444MFY2025
Source: · event May 2, 2026 · retrieved Oct 15, 2026 · annual-row source set
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