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JMP Group LLC (JMP Group LLC) ROE % : 108.29% (As of Sep. 2021)


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What is JMP Group LLC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JMP Group LLC's annualized net income for the quarter that ended in Sep. 2021 was $87.3 Mil. JMP Group LLC's average Total Stockholders Equity over the quarter that ended in Sep. 2021 was $80.6 Mil. Therefore, JMP Group LLC's annualized ROE % for the quarter that ended in Sep. 2021 was 108.29%.

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

JMP' s ROE % Range Over the Past 10 Years
Min: -14.73   Med: -1.03   Max: 51.53
Current: 51.53

During the past 13 years, JMP Group LLC's highest ROE % was 51.53%. The lowest was -14.73%. And the median was -1.03%.

JMP's ROE % is not ranked
in the Capital Markets industry.
Industry Median: 5.145 vs JMP: 51.53

JMP Group LLC ROE % Historical Data

The historical data trend for JMP Group LLC'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.

JMP Group LLC ROE % Chart

JMP Group LLC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 -14.73 -2.43 -9.01 -7.54

JMP Group LLC Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -22.40 61.70 6.71 21.13 108.29

Competitive Comparison of JMP Group LLC's ROE %

For the Capital Markets subindustry, JMP Group LLC'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.


JMP Group LLC's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, JMP Group LLC's ROE % distribution charts can be found below:

* The bar in red indicates where JMP Group LLC's ROE % falls into.



JMP Group LLC ROE % Calculation

JMP Group LLC's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=-4.697/( (61.688+62.94)/ 2 )
=-4.697/62.314
=-7.54 %

JMP Group LLC's annualized ROE % for the quarter that ended in Sep. 2021 is calculated as

ROE %=Net Income (Q: Sep. 2021 )/( (Total Stockholders Equity (Q: Jun. 2021 )+Total Stockholders Equity (Q: Sep. 2021 ))/ count )
=87.276/( (70.412+90.773)/ 2 )
=87.276/80.5925
=108.29 %

* 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 (Sep. 2021) net income data. ROE % is displayed in the 30-year financial page.


JMP Group LLC  (NYSE:JMP) 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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=87.276/80.5925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(87.276 / 292.424)*(292.424 / 232.925)*(232.925 / 80.5925)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.85 %*1.2554*2.8902
=ROA %*Equity Multiplier
=37.47 %*2.8902
=108.29 %

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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=87.276/80.5925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (87.276 / 112.064) * (112.064 / 292.424) * (292.424 / 232.925) * (232.925 / 80.5925)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7788 * 38.32 % * 1.2554 * 2.8902
=108.29 %

Note: The net income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


JMP Group LLC ROE % Related Terms

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


JMP Group LLC (JMP Group LLC) Business Description

Traded in Other Exchanges
N/A
Address
600 Montgomery Street, Suite 1100, San Francisco, CA, USA, 94111
JMP Group LLC is an investment bank that focuses its investment banking and equity research services on small and middle-market firms in five industries: consumer, financial services, health care, real estate, and technology. JMP provides capital raising, financial advisory, sales and trading, and equity research services. JMP also manages more than $1 billion of assets through its hedge funds and collateralized loan obligation management business.
Executives
Glenn H Tongue director 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Craig R Johnson director 600 MONTGOMERY STREET SAN FRANCISCO CA 94111
Kenneth M Karmin director 11111 SANTA MONICA BLVD. SUITE 1640 LOS ANGELES CA 90025
Harry Mark Lunenburg director C/O TALON CAPITAL 1001 FARMINGTON AVE WEST HARTFORD CT 06107
David M Dipietro director 10 CHITTENDEN LANE OWINGS MILLS MD 21117
Jonathan M Orszag director C/O COMPASS LEXECON 1101 K STREET NW, 8TH FLOOR WASHINGTON DC 20005
Joseph A Jolson director, 10 percent owner, officer: CEO 600 MONTGOMERY STREET SUITE 1700 SAN FRANCISCO CA 94111
Thomas Rowe Wright officer: Director of Equities 450 PARK AVENUE 5TH FLOOR NEW YORK NY 10022
Carter D Mack director, officer: President 600 MONTGOMERY STREET SAN FRANCISCO CA 94111
Raymond Jackson officer: CFO 600 MONTGOMERY STREET SUITE 1100 SAN FRANCISCO CA 94111
Mark L Lehmann director, officer: President, JMP Securities 600 MONTGOMERY STREET SAN FRANCISCO CA 94111
Kent Ledbetter other: executive committee member 600 MONTGOMERY STREET SUITE 1100 SAN FRANCISCO CA 94111