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Hillenbrand (Hillenbrand) ROE %

: 4.15% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hillenbrand's annualized net income for the quarter that ended in Dec. 2023 was $69 Mil. Hillenbrand's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,659 Mil. Therefore, Hillenbrand's annualized ROE % for the quarter that ended in Dec. 2023 was 4.15%.

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

HI' s ROE % Range Over the Past 10 Years
Min: -6.63   Med: 18.32   Max: 41.99
Current: 34.83

During the past 13 years, Hillenbrand's highest ROE % was 41.99%. The lowest was -6.63%. And the median was 18.32%.

HI's ROE % is ranked better than
96.38% of 2953 companies
in the Industrial Products industry
Industry Median: 7.1 vs HI: 34.83

Hillenbrand ROE % Historical Data

The historical data trend for Hillenbrand'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.

Hillenbrand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.35 -6.63 22.03 18.22 41.99

Hillenbrand 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 16.21 132.29 10.53 4.43 4.15

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Hillenbrand'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.


Hillenbrand ROE % Distribution

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

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



Hillenbrand ROE % Calculation

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

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=569.7/( (1082.9+1630.3)/ 2 )
=569.7/1356.6
=41.99 %

Hillenbrand'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 )
=68.8/( (1630.3+1688.6)/ 2 )
=68.8/1659.45
=4.15 %

* 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.


Hillenbrand  (NYSE:HI) 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
=68.8/1659.45
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(68.8 / 3093.2)*(3093.2 / 5566.3)*(5566.3 / 1659.45)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.22 %*0.5557*3.3543
=ROA %*Equity Multiplier
=1.23 %*3.3543
=4.15 %

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
=68.8/1659.45
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (68.8 / 118) * (118 / 237.2) * (237.2 / 3093.2) * (3093.2 / 5566.3) * (5566.3 / 1659.45)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5831 * 0.4975 * 7.67 % * 0.5557 * 3.3543
=4.15 %

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.


Hillenbrand ROE % Related Terms

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


Hillenbrand (Hillenbrand) Business Description

Traded in Other Exchanges
Address
One Batesville Boulevard, Batesville, IN, USA, 47006
Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.
Executives
Daniel C. Hillenbrand director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen officer: Sr VP, Chief Financial Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan officer: Senior Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell director 1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko officer: Sr. VP and President MTS 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips officer: See Remarks 6365 BIRDIE CIRCLE, GRAYLING MI 49738
J Michael Whitted officer: Sr. VP Strategy & Corp Dev ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ling An-heid officer: Senior Vice President ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke officer: VP, CAO ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel officer: Senior Vice President HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor officer: Sr. Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Inderpreet Sawhney director HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Neil S Novich director RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Bhavik N. Soni officer: VP & Chief Information Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Michael D Prado officer: VP, Global Supply Management ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006