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Everi Holdings (Everi Holdings) ROE % : 7.96% (As of Mar. 2024)


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What is Everi Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Everi Holdings's annualized net income for the quarter that ended in Mar. 2024 was $18.2 Mil. Everi Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $228.7 Mil. Therefore, Everi Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was 7.96%.

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

EVRI' s ROE % Range Over the Past 10 Years
Min: -1684.13   Med: 37.85   Max: Negative Equity
Current: 25.24

During the past 13 years, Everi Holdings's highest ROE % was Negative Equity%. The lowest was -1,684.13%. And the median was 37.85%.

EVRI's ROE % is ranked better than
84.5% of 787 companies
in the Travel & Leisure industry
Industry Median: 5.99 vs EVRI: 25.24

Everi Holdings ROE % Historical Data

The historical data trend for Everi Holdings'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.

Everi Holdings ROE % Chart

Everi Holdings 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 Negative Equity -354.44 183.58 61.45 37.85

Everi Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 47.48 44.06 43.88 3.22 7.96

Competitive Comparison of Everi Holdings's ROE %

For the Gambling subindustry, Everi Holdings'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.


Everi Holdings's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Everi Holdings's ROE % distribution charts can be found below:

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



Everi Holdings ROE % Calculation

Everi Holdings'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 )
=83.997/( (217.641+226.142)/ 2 )
=83.997/221.8915
=37.85 %

Everi Holdings's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=18.216/( (226.142+231.295)/ 2 )
=18.216/228.7185
=7.96 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Everi Holdings  (NYSE:EVRI) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=18.216/228.7185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.216 / 757.384)*(757.384 / 2123.23)*(2123.23 / 228.7185)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.41 %*0.3567*9.2832
=ROA %*Equity Multiplier
=0.86 %*9.2832
=7.96 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=18.216/228.7185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (18.216 / 23.808) * (23.808 / 99.008) * (99.008 / 757.384) * (757.384 / 2123.23) * (2123.23 / 228.7185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7651 * 0.2405 * 13.07 % * 0.3567 * 9.2832
=7.96 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Everi Holdings ROE % Related Terms

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


Everi Holdings (Everi Holdings) Business Description

Traded in Other Exchanges
Address
7250 South Tenaya Way, Suite 100, Las Vegas, NV, USA, 89113
Everi Holdings Inc provides entertainment and technology solutions for the casino, interactive, and gaming industry. It operates in two segments namely Games and Financial Technology Solutions (FinTech). Enveri Games provides gaming operators with gaming technology products and services which include gaming machines, slot machines, leased gaming equipment, and other products and services. Enveri FinTech provides gaming operators with financial technology products and services which include services and equipment that facilitate casino patron's to access cash at gaming facilities through automated teller machines, point-of-sale debit card purchases and others.
Executives
Randy L Taylor officer: EVP & CFO C/O CITADEL BROADCASTING CORP, CITY CENTER W 7201 W LAKE MEAD BLVD, LAS VEGAS NV 89128
Michael D Rumbolz director 3201 WEST COUNTY ROAD 42, SUITE 106, BURNSVILLE MN 55306
Secil Tabli Watson director 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947
Geoffrey P Judge director 3525 EAST POST ROAD, SUITE 200, LAS VEGAS NV 89120
Debra Nutton director 7250 SOUTH TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Todd Valli officer: SVP, CAO 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
David Lucchese officer: EVP 7250 S. TENAYA WAY #100, LAS VEGAS NV 89113
Paul Jr Finch director 2525 HORIZON LAKE DR STE 120, MEMPHIS TN 38133
Ronald V Congemi director 3525 EAST POST ROAD, SUITE 120, LAS VEGAS NV 89120
Darren Simmons officer: EVP 7250 S. TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Dean A Ehrlich officer: EVP 7250 S. TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Linster W Fox director ANACOMP, INC.,, 15378 AVENUE OF SCIENCE, SAN DIEGO CA 92128
Eileen F Raney director 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Mark F. Labay officer: EVP, CFO 7250 S TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Kate C. Lowenhar-fisher officer: EVP, Chief Legal Officer 7250 SOUTH TENAYA WAY, SUITE 100, LAS VEGAS NV 89113

Everi Holdings (Everi Holdings) Headlines

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