Flagship explainer

What drives NAVAN, 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 equity−3762%Tax burden101%net income ÷ pretax incomeInterest burden201%pretax ÷ operating incomeOperating margin−28%operating income ÷ revenueAsset turnover0.50×revenue ÷ average assetsEquity multiplier131.97×average assets ÷ average equityAs of 2026-01-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$398MFY2026
Income before tax−$396MFY2026
Operating income−$197MFY2026
$702MFY2026
Ending assets$1.7BFY2026
Beginning assets$1.1BFY2025
$1.2BFY2026
−$1.2BFY2025
Source: · event Jan 31, 2026 · retrieved Jul 26, 2026 · annual-row source set
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