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Masonite International (Masonite International) ROE % : -4.72% (As of Dec. 2023)


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What is Masonite International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Masonite International's annualized net income for the quarter that ended in Dec. 2023 was $-40 Mil. Masonite International's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $847 Mil. Therefore, Masonite International's annualized ROE % for the quarter that ended in Dec. 2023 was -4.72%.

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

DOOR' s ROE % Range Over the Past 10 Years
Min: -6.97   Med: 13.84   Max: 30.17
Current: 14.72

During the past 13 years, Masonite International's highest ROE % was 30.17%. The lowest was -6.97%. And the median was 13.84%.

DOOR's ROE % is ranked better than
77.44% of 1622 companies
in the Construction industry
Industry Median: 6.76 vs DOOR: 14.72

Masonite International ROE % Historical Data

The historical data trend for Masonite International'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.

Masonite International ROE % Chart

Masonite International 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 7.22 10.54 13.76 30.17 14.96

Masonite International 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 17.55 20.50 24.29 19.94 -4.72

Competitive Comparison of Masonite International's ROE %

For the Building Products & Equipment subindustry, Masonite International'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.


Masonite International's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Masonite International's ROE % distribution charts can be found below:

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



Masonite International ROE % Calculation

Masonite International'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 )
=118.227/( (732.119+848.253)/ 2 )
=118.227/790.186
=14.96 %

Masonite International'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 )
=-39.98/( (845.756+848.253)/ 2 )
=-39.98/847.0045
=-4.72 %

* 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.


Masonite International  (NYSE:DOOR) 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
=-39.98/847.0045
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-39.98 / 2642.32)*(2642.32 / 2685.6425)*(2685.6425 / 847.0045)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.51 %*0.9839*3.1708
=ROA %*Equity Multiplier
=-1.49 %*3.1708
=-4.72 %

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
=-39.98/847.0045
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-39.98 / -26.224) * (-26.224 / 154.628) * (154.628 / 2642.32) * (2642.32 / 2685.6425) * (2685.6425 / 847.0045)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.5246 * -0.1696 * 5.85 % * 0.9839 * 3.1708
=-4.72 %

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.


Masonite International ROE % Related Terms

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


Masonite International (Masonite International) Business Description

Traded in Other Exchanges
Address
2771 Rutherford Road, Concord, ON, CAN, L4K 2N6
Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.
Executives
Alexander Albert Legall officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Jay Ira Steinfeld director 4919 HOLLY STREET, BELLAIRE TX 77401
Catherine Anne Shellabarger officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Robert J Byrne director C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Patrick Daniel Brisley officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Victoria Louise Philemon officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Peter R Dachowski director C/O BACKYARD HOLDCO, INC., 7830 FREEWAY CIRCLE, MIDDLEBURG HEIGHTS OH 44130
James C Pelletier other: SVP, GC & Corporate Secretary 1242 EAST 5TH AVENUE, TAMPA FL 33605
Robert Edgar Lewis officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 1242 EAST 5TH AVENUE, TAMPA FL 33602
Christopher O Ball officer: President, Global Residential 1242 EAST 5TH AVENUE, TAMPA FL 33605
Francis M Scricco director C/O AVAYA INC., 211 MOUNT AIRY ROAD, BASKING RIDGE NJ 07920
Barry A. Ruffalo director ASTEC INDUSTRIES, INC., 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Randal Alan White officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 201 N. FRANKLIN STREET, SUITE 300, TAMPA FL 33602
John H. Chuang director 711 BOYLSTON STREET, BOSTON MA 02445