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Janus Capital Group (Janus Capital Group) ROE % : 7.53% (As of Mar. 2017)


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What is Janus Capital Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Janus Capital Group's annualized net income for the quarter that ended in Mar. 2017 was $124 Mil. Janus Capital Group's average Total Stockholders Equity over the quarter that ended in Mar. 2017 was $1,641 Mil. Therefore, Janus Capital Group's annualized ROE % for the quarter that ended in Mar. 2017 was 7.53%.

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

JNS's ROE % is not ranked *
in the Asset Management industry.
Industry Median: 4.06
* Ranked among companies with meaningful ROE % only.

Janus Capital Group ROE % Historical Data

The historical data trend for Janus Capital Group'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.

Janus Capital Group ROE % Chart

Janus Capital Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.49 7.87 10.17 9.98 9.09

Janus Capital Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 8.84 9.79 10.25 7.62 7.53

Competitive Comparison of Janus Capital Group's ROE %

For the Asset Management subindustry, Janus Capital Group'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.


Janus Capital Group's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Janus Capital Group's ROE % distribution charts can be found below:

* The bar in red indicates where Janus Capital Group's ROE % falls into.



Janus Capital Group ROE % Calculation

Janus Capital Group's annualized ROE % for the fiscal year that ended in Dec. 2016 is calculated as

ROE %=Net Income (A: Dec. 2016 )/( (Total Stockholders Equity (A: Dec. 2015 )+Total Stockholders Equity (A: Dec. 2016 ))/ count )
=146.1/( (1582.7+1630.4)/ 2 )
=146.1/1606.55
=9.09 %

Janus Capital Group's annualized ROE % for the quarter that ended in Mar. 2017 is calculated as

ROE %=Net Income (Q: Mar. 2017 )/( (Total Stockholders Equity (Q: Dec. 2016 )+Total Stockholders Equity (Q: Mar. 2017 ))/ count )
=123.6/( (1630.4+1652.1)/ 2 )
=123.6/1641.25
=7.53 %

* 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. 2017) net income data. ROE % is displayed in the 30-year financial page.


Janus Capital Group  (NYSE:JNS) 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. 2017 )
=Net Income/Total Stockholders Equity
=123.6/1641.25
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(123.6 / 1030.4)*(1030.4 / 2891.85)*(2891.85 / 1641.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=12 %*0.3563*1.762
=ROA %*Equity Multiplier
=4.28 %*1.762
=7.53 %

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. 2017 )
=Net Income/Total Stockholders Equity
=123.6/1641.25
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (123.6 / 214) * (214 / 221.2) * (221.2 / 1030.4) * (1030.4 / 2891.85) * (2891.85 / 1641.25)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5776 * 0.9675 * 21.47 % * 0.3563 * 1.762
=7.53 %

Note: The net income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.


Janus Capital Group ROE % Related Terms

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


Janus Capital Group (Janus Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
Janus Capital Group provides investment management services to individual and institutional investors. Assets are managed through three main subsidiaries: Janus, which focuses on growth-driven equity and fixed-income strategies; Intech, which offers mathematically driven equity strategies; and Perkins, which focuses on value-driven equity strategies. At the end of 2016, Janus had $196.8 billion in total AUM invested in equity (74%), fixed-income (24%), exchange-traded (1%) and money market funds.
Executives
Arnold A Pinkston director 151 DETROIT STREET, DENVER CO 80206
J Richard Fredericks director 151 DETROIT STREET DENVER CO 80206
Richard M Weil director, officer: Chief Executive Officer 151 DETROIT STREET, DENVER CO 80206
Glenn S Schafer director 151 DETROIT STREET, DENVER CO 80206
Bruce L Koepfgen officer: President 151 DETROIT STREET, DENVER CO 80206
Billie Ida Williamson director 151 DETROIT STREET, DENVER CO 80206
Timothy K Armour director C/O JANUS CAPITAL GROUP INC., 151 DETROIT STREET, DENVER CO 80206
George S Batejan officer: EVP, Head of IT and Operations 151 DETROIT STREET, DENVER CO 80206
Robin C Beery officer: EVP, Head of U.S. Distribution JANUS CAPITAL GROUP INC., 151 DETROIT STREET, DENVER CO 80206
Jock Patton director 7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Robert T Parry director 4500 PARK GRANADA, CALABASAS CA 91302
Steven Scheid director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
Landon H Rowland director 151 DETROIT ST DENVER CO 80206
Gary D Black director, officer: CEO 2020 CALAMOS COURT, NAPERVILLE IL 60563
Scott S Grace officer: SVP and Treasurer C/O NUVEEN INVESTMENTS, SUITE 2900, 333 W. WACKER DRIVE, CHICAGO IL 60606

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