GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Endeavor Group Holdings Inc (NYSE:EDR) » Definitions » ROE %

Endeavor Group Holdings (Endeavor Group Holdings) ROE %

: 1.22% (As of Dec. 2023)
View and export this data going back to 2021. Start your Free Trial

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Endeavor Group Holdings's annualized net income for the quarter that ended in Dec. 2023 was $58 Mil. Endeavor Group Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $4,774 Mil. Therefore, Endeavor Group Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 1.22%.

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

EDR' s ROE % Range Over the Past 10 Years
Min: -109.97   Med: -4.87   Max: 22.27
Current: 11.17

During the past 8 years, Endeavor Group Holdings's highest ROE % was 22.27%. The lowest was -109.97%. And the median was -4.87%.

EDR's ROE % is ranked better than
75.33% of 985 companies
in the Media - Diversified industry
Industry Median: 2.37 vs EDR: 11.17

Endeavor Group Holdings ROE % Historical Data

The historical data trend for Endeavor Group Holdings'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.

Endeavor Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only -44.33 -109.97 -43.06 8.26 10.70

Endeavor Group Holdings Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only -42.61 1.64 71.21 -7.62 1.22

Competitive Comparison

For the Entertainment subindustry, Endeavor Group Holdings'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.


Endeavor Group Holdings ROE % Distribution

For the Media - Diversified industry and Communication Services sector, Endeavor Group Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Endeavor Group Holdings's ROE % falls into.



Endeavor Group Holdings ROE % Calculation

Endeavor Group Holdings'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 )
=356.516/( (1880.844+4784.706)/ 2 )
=356.516/3332.775
=10.70 %

Endeavor Group Holdings'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 )
=58.076/( (4763.075+4784.706)/ 2 )
=58.076/4773.8905
=1.22 %

* 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.


Endeavor Group Holdings  (NYSE:EDR) 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
=58.076/4773.8905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(58.076 / 6330.852)*(6330.852 / 21723.199)*(21723.199 / 4773.8905)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.92 %*0.2914*4.5504
=ROA %*Equity Multiplier
=0.27 %*4.5504
=1.22 %

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
=58.076/4773.8905
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (58.076 / -66.704) * (-66.704 / 157.432) * (157.432 / 6330.852) * (6330.852 / 21723.199) * (21723.199 / 4773.8905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.8707 * -0.4237 * 2.49 % * 0.2914 * 4.5504
=1.22 %

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.


Endeavor Group Holdings ROE % Related Terms

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


Endeavor Group Holdings (Endeavor Group Holdings) Business Description

Traded in Other Exchanges
Address
9601 Wilshire Boulevard, 3rd Floor, Beverly Hills, CA, USA, 90210
Endeavor Group Holdings Inc is an entertainment, sports and content company. It offers services through its integrated capabilities of talent representation, content development, content distribution and sales, event management, marketing and licensing, and direct-to-consumer offerings. It operates its business in three segments: Owned Sports Properties; Events, Experiences & Rights; and Representation.
Executives
William K. Fullerton officer: Global Controller and CAO C/O ENDEARVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Seth D Krauss officer: Chief Legal Officer C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 222 BROADWAY, NEW YORK NY 10012
Jason Lublin officer: Chief Financial Officer C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Mark S Shapiro officer: President C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Ariel Emanuel director, 10 percent owner, officer: Chief Executive Officer C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD, SUITE 400, BONITA SPRINGS FL 34134
Patrick Whitesell director, 10 percent owner, officer: Executive Chairman 11601 WILSHIRE BOULEVARD, SUITE 1600, LOS ANGELES CA 90025
Christian Muirhead officer: Chief Communications Officer C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Jacqueline D Reses director C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Silver Lake West Voteco, L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco Ii, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Ursula M Burns director 200 SE MIZNER BLVD, UNIT 703, BOCA RATON FL 33432
Kerry D Chandler officer: Chief Human Resources Officer 1020 HULL STREET, BALTIMORE MD 21230
Silver Lake Technology Investors Iv (delaware Ii), L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Associates Vi, L.p. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025

Endeavor Group Holdings (Endeavor Group Holdings) Headlines