Flagship explainer

What drives FULLNET COMMUNICATIONS 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 equity35%Tax burden81%net income ÷ pretax incomeInterest burden129%pretax ÷ operating incomeOperating margin12%operating income ÷ revenueAsset turnover1.27×revenue ÷ average assetsEquity multiplier2.18×average assets ÷ average equityAs of 2023-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$532139FY2023
Income before tax$659833FY2023
Operating income$512175FY2023
$4.2MFY2023
Ending assets$3.4MFY2023
Beginning assets$3.2MFY2022
$1.6MFY2023
$1.4MFY2022
Source: · event Dec 31, 2023 · retrieved Jul 26, 2026 · annual-row source set
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