GURUFOCUS.COM » STOCK LIST » Technology » Software » Citrix Systems Inc (NAS:CTXS) » Definitions » ROE %

Citrix Systems (Citrix Systems) ROE % : 62.04% (As of Jun. 2022)


View and export this data going back to 1995. Start your Free Trial

What is Citrix Systems ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Citrix Systems's annualized net income for the quarter that ended in Jun. 2022 was $462 Mil. Citrix Systems's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $744 Mil. Therefore, Citrix Systems's annualized ROE % for the quarter that ended in Jun. 2022 was 62.04%.

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

CTXS's ROE % is not ranked *
in the Software industry.
Industry Median: 3.17
* Ranked among companies with meaningful ROE % only.

Citrix Systems ROE % Historical Data

The historical data trend for Citrix Systems'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.

Citrix Systems ROE % Chart

Citrix Systems 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 -1.13 74.18 97.59 106.22 93.27

Citrix Systems 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 92.55 59.82 86.93 39.76 62.04

Competitive Comparison of Citrix Systems's ROE %

For the Software - Application subindustry, Citrix Systems'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.


Citrix Systems's ROE % Distribution in the Software Industry

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

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



Citrix Systems ROE % Calculation

Citrix Systems'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 )
=307.499/( (112.143+547.257)/ 2 )
=307.499/329.7
=93.27 %

Citrix Systems'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 )
=461.828/( (664.559+824.356)/ 2 )
=461.828/744.4575
=62.04 %

* 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.


Citrix Systems  (NAS:CTXS) 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
=461.828/744.4575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(461.828 / 3438.088)*(3438.088 / 6938.7875)*(6938.7875 / 744.4575)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.43 %*0.4955*9.3206
=ROA %*Equity Multiplier
=6.65 %*9.3206
=62.04 %

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
=461.828/744.4575
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (461.828 / 586.256) * (586.256 / 729.248) * (729.248 / 3438.088) * (3438.088 / 6938.7875) * (6938.7875 / 744.4575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7878 * 0.8039 * 21.21 % * 0.4955 * 9.3206
=62.04 %

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.


Citrix Systems ROE % Related Terms

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


Citrix Systems (Citrix Systems) Business Description

Traded in Other Exchanges
N/A
Address
851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.
Executives
Jason Alexander Smith officer: EVP & Chief Financial Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Michael Arenth officer: EVP, SaaS Strategy C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
David J Henshall officer: Senior Vice President and CFO 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Sridhar Mullapudi officer: EVP, Product Management C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Arlen Shenkman officer: EVP & CFO C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Mark J Ferrer officer: EVP, Chief Revenue Officer 45025 AVIATION DR, STE 300, DULLES VA 20166
Mark J. Schmitz officer: EVP & Chief Operating Officer C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Timothy A. Minahan officer: CMO 13960 HAYSTACK LANE, MILTON GA 30004
Hector Lima officer: EVP, Customer Experience C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Antonio G. Gomes officer: SVP & General Counsel 345 HARVARD STREET, UNIT 2AB, CAMBRIDGE MA 02138
Paul J. Hough officer: SVP & Chief Product Officer 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Jessica Soisson officer: VP & Corporate Controller 9836 EQUUS CIRCLE, BOYNTON BEACH FL 33472
W. Joseph Kim officer: EVP & Chief Technology Officer 7171, AUSTIN TX 78735-6140
Donna Nappen Kimmel officer: SVP & Chief People Officer 529 PLEASANT STREET, MS B-7, ATTLEBORO MA 02703
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304

Citrix Systems (Citrix Systems) Headlines

From GuruFocus

Top 5 1st Quarter Trades of Lafayette Investments, Inc.

By GuruFocus Research GuruFocus Editor 05-12-2022

City of Corona Modernizes IT with Citrix� to Support Remote Work

By Business Wire Business Wire 07-26-2022

Segantii Capital Management Ltd Buys 1, Sells 4 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-31-2023

Top 5 3rd Quarter Trades of Hunting Hill Global Capital, LLC

By GuruFocus Research GuruFocus Editor 11-15-2022

Marc O'Polo Sews Up Future of Work with Citrix�

By Business Wire Business Wire 06-28-2022

Citrix� Receives Running Remote Flexible Workplace Award

By Business Wire Business Wire 05-24-2022