Flagship explainer

What drives nCino, 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 equity0%Tax burden77%net income ÷ pretax incomeInterest burden180%pretax ÷ operating incomeOperating margin1%operating income ÷ revenueAsset turnover0.37×revenue ÷ average assetsEquity multiplier1.52×average assets ÷ average equityAs of 2026-01-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$5.2MFY2026
Income before tax$6.7MFY2026
Operating income$3.7MFY2026
$595MFY2026
Ending assets$1.6BFY2026
Beginning assets$1.6BFY2025
$1.1BFY2026
$1.1BFY2025
Source: · event Jan 31, 2026 · retrieved Jul 26, 2026 · annual-row source set
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NCNO dupont explainer — Buy Like Buffett · Buy Like Buffett