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Broadwind (Broadwind) ROE % : 7.76% (As of Dec. 2023)


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What is Broadwind ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Broadwind's annualized net income for the quarter that ended in Dec. 2023 was $4.3 Mil. Broadwind's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $55.2 Mil. Therefore, Broadwind's annualized ROE % for the quarter that ended in Dec. 2023 was 7.76%.

The historical rank and industry rank for Broadwind's ROE % or its related term are showing as below:

BWEN' s ROE % Range Over the Past 10 Years
Min: -44.13   Med: -6.06   Max: 15.08
Current: 15.08

During the past 13 years, Broadwind's highest ROE % was 15.08%. The lowest was -44.13%. And the median was -6.06%.

BWEN's ROE % is ranked better than
79.35% of 2954 companies
in the Industrial Products industry
Industry Median: 7.1 vs BWEN: 15.08

Broadwind ROE % Historical Data

The historical data trend for Broadwind's ROE % can be seen below:

* 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.

* Premium members only.

Broadwind ROE % Chart

Broadwind Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.75 -3.65 6.01 -19.38 14.96

Broadwind Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.04 6.56 11.68 33.88 7.76

Competitive Comparison of Broadwind's ROE %

For the Specialty Industrial Machinery subindustry, Broadwind'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.


Broadwind's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Broadwind's ROE % distribution charts can be found below:

* The bar in red indicates where Broadwind's ROE % falls into.



Broadwind ROE % Calculation

Broadwind's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=7.649/( (46.273+56.019)/ 2 )
=7.649/51.146
=14.96 %

Broadwind's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=4.284/( (54.362+56.019)/ 2 )
=4.284/55.1905
=7.76 %

* 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 four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Broadwind  (NAS:BWEN) 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:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=4.284/55.1905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.284 / 186.392)*(186.392 / 149.8775)*(149.8775 / 55.1905)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.3 %*1.2436*2.7156
=ROA %*Equity Multiplier
=2.86 %*2.7156
=7.76 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=4.284/55.1905
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.284 / 4.932) * (4.932 / 9.096) * (9.096 / 186.392) * (186.392 / 149.8775) * (149.8775 / 55.1905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8686 * 0.5422 * 4.88 % * 1.2436 * 2.7156
=7.76 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Broadwind ROE % Related Terms

Thank you for viewing the detailed overview of Broadwind's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Broadwind (Broadwind) Business Description

Traded in Other Exchanges
Address
3240 S. Central Avenue, Cicero, IL, USA, 60804
Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.
Executives
Sachin M Shivaram director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Thomas A. Wagner director 66 WEYRICK ROAD, TROY NY 12180
Hayes M. Kennedy officer: Chief Human Resources Officer 3240 S. CENTRAL AVE., CICERO IL 60804
Jeanette A. Press director 550 WEST ADAMS STREET, CHICAGO IL 60661
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Eric B. Blashford officer: Pres., Broadwind Towers, Inc. 3240 S. CENTRAL AVE., CICERO IL 60804
Daniel E. Schueller officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Stephanie K Kushner officer: Chief Financial Officer
Thomas A Ciccone officer: VP and Principal Acct Officer 3240 S. CENTRAL AVENUE, CICERO IL 60804
David P Reiland director N49 W13650 CAMPBELL DRIVE, MENOMONEE FALLS WI 53051
Jason Lee Bonfigt officer: VP and Corporate Controller 3240 S. CENTRAL AVE., CICERO IL 60804
Wayne W. Hanna officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Philip J Christman director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Mayo Gilbert W. Jr. officer: Pres., Process Systems 3240 S. CENTRAL AVE., CICERO IL 60804
Joseph V. Reisinger officer: VP, Business Development 3240 S. CENTRAL AVE., CICERO IL 60804