What is Flaherty & Crumrine Total Return Fund ROE %?
Flaherty & Crumrine Total Return FundFLC -0.36%33 ROE % is 14.79% as of Nov. 2025, which is 86% above its 10-year median of 7.97. GuruFocus rates FLC with a GF Score™ of 33/100. The stock has 6 warning signs investors should review. Among 1,614 Asset Management companies, Flaherty & Crumrine Total Return Fund ranks better than 58.18% on this metric.
FLC's ROE % is ranked better than 58.18% of 1614
companies
in the Asset Management industry
Industry Median: 6.36
vs FLC: 8.33
Flaherty & Crumrine Total Return Fund (NYSE:FLC) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Flaherty & Crumrine Total Return Fund ROE % Related Terms
Flaherty & Crumrine Total Return Fund ROE % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Flaherty & Crumrine Total Return Fund's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flaherty & Crumrine Total Return Fund ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Total Return Fund's ROE % distribution charts can be found below:
* The bar in red indicates where Flaherty & Crumrine Total Return Fund's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Nov. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Flaherty & Crumrine Total Return Fund (FLC) has a ROE % of 14.79% as of Nov. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Flaherty & Crumrine Total Return Fund and its competitors. This is 86% above median its historical median of 7.97. According to the industry distribution chart, Flaherty & Crumrine Total Return Fund ranks #675 out of 1614 companies in the Asset Management industry, placing it in the top 41.8%.
Is Flaherty & Crumrine Total Return Fund's ROE % too high?
Flaherty & Crumrine Total Return Fund's current ROE % of 14.79% is 86% above median its 10-year median of 7.97. The Asset Management industry median ROE % is 6.36. Flaherty & Crumrine Total Return Fund's value of 14.79% is 132.5% above this industry median. Based on the distribution chart, Flaherty & Crumrine Total Return Fund ranks #675 out of 1614 companies in the Asset Management industry, which is above the industry midpoint. Overall, Flaherty & Crumrine Total Return Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Flaherty & Crumrine Total Return Fund's ROE % compare to DHF and EDF?
According to the Asset Management industry distribution chart, Flaherty & Crumrine Total Return Fund ranks #675 out of 1614 companies for ROE %. This puts Flaherty & Crumrine Total Return Fund in the upper half of its industry. The industry median ROE % is 6.36. Flaherty & Crumrine Total Return Fund's value of 14.79% is 132.5% above this benchmark. While the company's 10-year median is 7.97 vs. the industry median of 6.36, Flaherty & Crumrine Total Return Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.36, based on 1,614 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flaherty & Crumrine Total Return Fund's current ROE % of 14.79% is 132.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Flaherty & Crumrine Total Return Fund and its competitors. For the Asset Management industry, the median ROE % is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flaherty & Crumrine Total Return Fund's current ROE % is 14.79%, which is 86% above median its own 10-year median of 7.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flaherty & Crumrine Total Return Fund stock overvalued right now?
Flaherty & Crumrine Total Return Fund (FLC) has a current ROE % of 14.79%. The current ROE % is 14.79%, which is 86% above median its 10-year median of 7.97 and 132.5% above the Asset Management industry median of 6.36. Flaherty & Crumrine Total Return Fund's overall GF Score™ is 33/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Flaherty & Crumrine Total Return Fund (FLC), the current ROE % is 14.79% as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Flaherty & Crumrine Total Return Fund Business Description
Flaherty & Crumrine Total Return Fund Inc is a diversified, closed-end investment management company. Its investment objective is to provide its common shareholders with a high current income. The fund's secondary investment objective is capital appreciation.
33GF Score
Get the complete analysis for FLC
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FLC has been successfully added to your 
