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Mantech International (Mantech International) ROE % : 5.37% (As of Jun. 2022)


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What is Mantech International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mantech International's annualized net income for the quarter that ended in Jun. 2022 was $91 Mil. Mantech International's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $1,700 Mil. Therefore, Mantech International's annualized ROE % for the quarter that ended in Jun. 2022 was 5.37%.

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

MANT' s ROE % Range Over the Past 10 Years
Min: -0.53   Med: 6.92   Max: 8.83
Current: 7.31

During the past 13 years, Mantech International's highest ROE % was 8.83%. The lowest was -0.53%. And the median was 6.92%.

MANT's ROE % is not ranked
in the Software industry.
Industry Median: 3.145 vs MANT: 7.31

Mantech International ROE % Historical Data

The historical data trend for Mantech International'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.

Mantech International ROE % Chart

Mantech International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.83 5.98 7.88 7.85 8.42

Mantech International Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 9.07 9.24 7.23 7.44 5.37

Competitive Comparison of Mantech International's ROE %

For the Software - Application subindustry, Mantech International'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.


Mantech International's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Mantech International's ROE % distribution charts can be found below:

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



Mantech International ROE % Calculation

Mantech International's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=137.017/( (1579.412+1675.42)/ 2 )
=137.017/1627.416
=8.42 %

Mantech International's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=91.348/( (1694.297+1705.885)/ 2 )
=91.348/1700.091
=5.37 %

* 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 (Jun. 2022) net income data. ROE % is displayed in the 30-year financial page.


Mantech International  (NAS:MANT) 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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=91.348/1700.091
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(91.348 / 2677.408)*(2677.408 / 2641.366)*(2641.366 / 1700.091)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.41 %*1.0136*1.5537
=ROA %*Equity Multiplier
=3.46 %*1.5537
=5.37 %

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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=91.348/1700.091
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (91.348 / 131.708) * (131.708 / 139.7) * (139.7 / 2677.408) * (2677.408 / 2641.366) * (2641.366 / 1700.091)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6936 * 0.9428 * 5.22 % * 1.0136 * 1.5537
=5.37 %

Note: The net income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Mantech International ROE % Related Terms

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


Mantech International (Mantech International) Business Description

Traded in Other Exchanges
N/A
Address
2251 Corporate Park Drive, Herndon, VA, USA, 20171
Mantech International Corp provides mission-focused technology solutions and services for U.S. defense, the intelligence community, and federal civilian agencies. The company provides full-spectrum cyber, encompassing defense, resilience, offense, analytics, and compliance. It offers professional and technical solutions, and support services; command-and-control infrastructure, intelligence, surveillance and reconnaissance platforms and sensors, and data services; and vulnerability assessment, insider threat protection, exposure analysis, secrecy architecture design, security policy development and implementation, lifecycle acquisition program security, anti-tamper, export compliance support, foreign disclosure, system security engineering, security awareness and training.
Executives
Jennifer A. Warren 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Gst 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Nonexempt 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
George J Pedersen 10 percent owner 9 WEST 57TH STREET, SUITE 4170, NEW YORK NY 10019
Kevin M Phillips officer: Vice President - CFO 12105 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard J Kerr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard L Armitage director 12015 LEE JACKSON HIGHWAY, FAIRFAX VA 22033
Bonnie Cook officer: EVP Business Operations 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Richard John Wagner officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
Judith L Bjornaas officer: SVP & Deputy CFO 12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Peter B Lamontagne director 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Matthew A Tait officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Fatzinger Walter R Jr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Daniel J Keefe officer: Business Group President MANTECH INTERNATIONAL CORPORATION 12015 LEE JACKSON MEMORIAL HWY. FAIRFAX VA 22033