Flagship explainer

What drives SALLY BEAUTY 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 equity28%Tax burden74%net income ÷ pretax incomeInterest burden80%pretax ÷ operating incomeOperating margin9%operating income ÷ revenueAsset turnover1.31×revenue ÷ average assetsEquity multiplier3.98×average assets ÷ average equityAs of 2025-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$196MFY2025
Income before tax$263MFY2025
Operating income$328MFY2025
$3.7BFY2025
Ending assets$2.9BFY2025
Beginning assets$2.8BFY2024
$794MFY2025
$629MFY2024
Source: · event Sep 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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