Return on equity

$$\frac{\text{Net income}}{\text{Avg shareholders’ equity}}$$

Return on equity. Decomposable via DuPont into margin × asset turnover × leverage.

Direction: Higher better Category: returns

Inputs (XBRL fallback chains):

• equity: StockholdersEquity -> StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
• net_income: NetIncomeLoss -> ProfitLoss

Returns None when: Returns None when Net income or Equity endpoints are missing.

Source code

Implementation: roe in src/eqtytrk/metrics/ratios.py (or valuation.py for multiples).