Flagship explainer

What drives GOGO 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 equity15%Tax burden48%net income ÷ pretax incomeInterest burden24%pretax ÷ operating incomeOperating margin13%operating income ÷ revenueAsset turnover0.72×revenue ÷ average assetsEquity multiplier14.86×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$12.9MFY2025
Income before tax$26.8MFY2025
Operating income$114MFY2025
$910MFY2025
Ending assets$1.3BFY2025
Beginning assets$1.2BFY2024
$101MFY2025
$69.3MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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