Flagship explainer

What drives NerdWallet, 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 equity13%Tax burden71%net income ÷ pretax incomeInterest burden105%pretax ÷ operating incomeOperating margin8%operating income ÷ revenueAsset turnover1.86×revenue ÷ average assetsEquity multiplier1.22×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$48.7MFY2025
Income before tax$68.2MFY2025
Operating income$65.2MFY2025
$837MFY2025
Ending assets$461MFY2025
Beginning assets$438MFY2024
$375MFY2025
$364MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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