Flagship explainer

What drives Warby Parker 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 equity0%Tax burden54%net income ÷ pretax incomeInterest burden−57%pretax ÷ operating incomeOperating margin−1%operating income ÷ revenueAsset turnover1.25×revenue ÷ average assetsEquity multiplier1.97×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$1.6MFY2025
Income before tax$3MFY2025
Operating income−$5.3MFY2025
$872MFY2025
Ending assets$721MFY2025
Beginning assets$676MFY2024
$368MFY2025
$340MFY2024
Source: · event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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