Flagship explainer

What drives NOBLE ROMAN’S, 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 equity42%Tax burden74%net income ÷ pretax incomeInterest burden66%pretax ÷ operating incomeOperating margin15%operating income ÷ revenueAsset turnover0.99×revenue ÷ average assetsEquity multiplier5.78×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$1.2MFY2025
Income before tax$1.6MFY2025
Operating income$2.4MFY2025
$16.2MFY2025
Ending assets$15.9MFY2025
Beginning assets$16.8MFY2024
$3.4MFY2025
$2.2MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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