Flagship explainer

What drives HALLADOR ENERGY CO’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 equity32%Tax burden96%net income ÷ pretax incomeInterest burden72%pretax ÷ operating incomeOperating margin13%operating income ÷ revenueAsset turnover1.21×revenue ÷ average assetsEquity multiplier2.94×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$41.9MFY2025
Income before tax$43.7MFY2025
Operating income$61.1MFY2025
$469MFY2025
Ending assets$408MFY2025
Beginning assets$369MFY2024
$160MFY2025
$104MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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