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Circor International (Circor International) ROE % : -21.82% (As of Jun. 2023)


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What is Circor International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Circor International's annualized net income for the quarter that ended in Jun. 2023 was $-34.3 Mil. Circor International's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $157.1 Mil. Therefore, Circor International's annualized ROE % for the quarter that ended in Jun. 2023 was -21.82%.

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

CIR' s ROE % Range Over the Past 10 Years
Min: -80.33   Med: 2.27   Max: 19.98
Current: 19.98

During the past 13 years, Circor International's highest ROE % was 19.98%. The lowest was -80.33%. And the median was 2.27%.

CIR's ROE % is not ranked
in the Industrial Products industry.
Industry Median: 6.87 vs CIR: 19.98

Circor International ROE % Historical Data

The historical data trend for Circor 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.

Circor International ROE % Chart

Circor International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.96 -29.94 -80.33 -43.01 13.24

Circor International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 14.80 111.52 15.48 -1.02 -21.82

Competitive Comparison of Circor International's ROE %

For the Specialty Industrial Machinery subindustry, Circor 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.


Circor International's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Circor International's ROE % distribution charts can be found below:

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



Circor International ROE % Calculation

Circor International's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=19.388/( (133.716+159.046)/ 2 )
=19.388/146.381
=13.24 %

Circor International's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=-34.284/( (161.238+153.048)/ 2 )
=-34.284/157.143
=-21.82 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


Circor International  (NYSE:CIR) 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. 2023 )
=Net Income/Total Stockholders Equity
=-34.284/157.143
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-34.284 / 835.236)*(835.236 / 1021.2375)*(1021.2375 / 157.143)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.1 %*0.8179*6.4988
=ROA %*Equity Multiplier
=-3.35 %*6.4988
=-21.82 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-34.284/157.143
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-34.284 / -17.132) * (-17.132 / 58.956) * (58.956 / 835.236) * (835.236 / 1021.2375) * (1021.2375 / 157.143)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.0012 * -0.2906 * 7.06 % * 0.8179 * 6.4988
=-21.82 %

Note: The net income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Circor International ROE % Related Terms

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


Circor International (Circor International) Business Description

Traded in Other Exchanges
N/A
Address
30 Corporate Drive, Suite 200, Burlington, MA, USA, 01803-4238
Circor International Inc. designs manufactures, and markets differentiated technology products and sub-systems. It has two reportable business segments: aerospace & defense and industrial. Circor primarily delivers flow control products and services to original equipment manufacturers (OEMs) and engineering, procurement, and construction (EPC) companies worldwide. Some of its products include positive displacement pumps, motors, specialty centrifugal pumps, metering pumps, automatic recirculating valves, control & actuators valves, and high-pressure pneumatic systems. While Circor serves diverse geographical segments, most of the company sales are generated in the United States, with valves and pumps under its industrial segment contributing the most to the company's profit.
Executives
Forrest Tiedeman officer: Vice President, Treasury & Tax C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Tony S. Najjar director, officer: President and CEO C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Helmuth Ludwig director CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Arjun Sharma officer: CFO and SVP Bus Development 50 PARK ROW WEST, PROVIDENCE RI 02903
John A Odonnell director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Jessica Wiley Wenzell officer: SVP, General Counsel & CPO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Jill D. Smith director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Losak Joseph C. Ii officer: VP Finance, Controller, PAO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
George Arthur L Jr director 12500 TI BOULEVARD, MS 8476, DALLAS TX 75243
Sumit Mehrotra officer: Group Pres, Adv Flow Solutions CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Tanya Dawkins officer: Director and Treasurer CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Amit Goel officer: VP Finance, Corp. Controller 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803

Circor International (Circor International) Headlines

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