Flagship explainer

What drives NCS Multistage Holdings, 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 equity21%Tax burden141%net income ÷ pretax incomeInterest burden160%pretax ÷ operating incomeOperating margin6%operating income ÷ revenueAsset turnover1.10×revenue ÷ average assetsEquity multiplier1.48×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$23.7MFY2025
Income before tax$16.8MFY2025
Operating income$10.5MFY2025
$184MFY2025
Ending assets$181MFY2025
Beginning assets$153MFY2024
$126MFY2025
$98.8MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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