Flagship explainer

What drives Progyny, 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 equity12%Tax burden61%net income ÷ pretax incomeInterest burden112%pretax ÷ operating incomeOperating margin7%operating income ÷ revenueAsset turnover1.91×revenue ÷ average assetsEquity multiplier1.44×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$58.5MFY2025
Income before tax$95.4MFY2025
Operating income$85.3MFY2025
$1.3BFY2025
Ending assets$742MFY2025
Beginning assets$607MFY2024
$516MFY2025
$422MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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PGNY dupont explainer — Buy Like Buffett · Buy Like Buffett