Flagship explainer

What drives HERON THERAPEUTICS, INC. /DE/’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 equity209%Tax burden100%net income ÷ pretax incomeInterest burden796%pretax ÷ operating incomeOperating margin−2%operating income ÷ revenueAsset turnover0.63×revenue ÷ average assetsEquity multiplier-25.31×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$20.2MFY2025
Income before tax−$20.2MFY2025
Operating income−$2.5MFY2025
$155MFY2025
Ending assets$256MFY2025
Beginning assets$233MFY2024
$14.3MFY2025
−$33.7MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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