GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lifetime Brands Inc (NAS:LCUT) » Definitions » ROE %

Lifetime Brands (Lifetime Brands) ROE % : 4.74% (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Lifetime Brands ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lifetime Brands's annualized net income for the quarter that ended in Dec. 2023 was $10.8 Mil. Lifetime Brands's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $228.6 Mil. Therefore, Lifetime Brands's annualized ROE % for the quarter that ended in Dec. 2023 was 4.74%.

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

LCUT' s ROE % Range Over the Past 10 Years
Min: -17.22   Med: 0.07   Max: 8.56
Current: -3.66

During the past 13 years, Lifetime Brands's highest ROE % was 8.56%. The lowest was -17.22%. And the median was 0.07%.

LCUT's ROE % is ranked worse than
81.64% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.335 vs LCUT: -3.66

Lifetime Brands ROE % Historical Data

The historical data trend for Lifetime Brands'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.

Lifetime Brands ROE % Chart

Lifetime Brands 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 -17.22 -1.29 8.56 -2.49 -3.57

Lifetime Brands 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 5.49 -15.03 -11.55 7.49 4.74

Competitive Comparison of Lifetime Brands's ROE %

For the Furnishings, Fixtures & Appliances subindustry, Lifetime Brands'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.


Lifetime Brands's ROE % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lifetime Brands's ROE % distribution charts can be found below:

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



Lifetime Brands ROE % Calculation

Lifetime Brands'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 )
=-8.412/( (240.088+230.879)/ 2 )
=-8.412/235.4835
=-3.57 %

Lifetime Brands'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 )
=10.828/( (226.417+230.879)/ 2 )
=10.828/228.648
=4.74 %

* 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.


Lifetime Brands  (NAS:LCUT) 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
=10.828/228.648
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.828 / 812.572)*(812.572 / 679.405)*(679.405 / 228.648)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.33 %*1.196*2.9714
=ROA %*Equity Multiplier
=1.59 %*2.9714
=4.74 %

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
=10.828/228.648
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10.828 / 35.992) * (35.992 / 62.956) * (62.956 / 812.572) * (812.572 / 679.405) * (679.405 / 228.648)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3008 * 0.5717 * 7.75 % * 1.196 * 2.9714
=4.74 %

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.


Lifetime Brands ROE % Related Terms

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


Lifetime Brands (Lifetime Brands) Business Description

Traded in Other Exchanges
Address
1000 Stewart Avenue, Garden City, NY, USA, 11530
Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.
Executives
Robert Bruce Kay director, officer: Chief Executive Officer 1000 STEWART AVENUE, GARDEN CITY NY 11530
Daniel Siegel officer: Executive Vice-President C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Craig Phillips director, officer: Executive Vice President LIFETIME BRANDS INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Laurence Winoker officer: SVP Finance/CFO/Treasurer
Veronique Gabai-pinsky director C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Rachael Jarosh director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Michael J Jeary director 8 BELKNAP LANE, RUMSON NJ 07760
Dennis E Reaves director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Bruce G Pollack director 30 ROCKEFEELER PLAZA, SUITE 5050, NEW YORK NY 10020
Michael J Regan director 14 BRENNER PLACE, DEMAREST NJ 07627
Michael Schnabel director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Centre Partners V, L.p. 10 percent owner 825 THIRD AVENUE, 40TH FLOOR, NEW YORK NY 10022
Centre Capital Investors V Lp 10 percent owner 825 THIRD AVENUE, 40TH FLOOR, New York NY 10022
Ronald Shittan director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
William U Westerfield director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530