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US Silica Holdings (US Silica Holdings) ROE %

: 13.96% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. US Silica Holdings's annualized net income for the quarter that ended in Dec. 2023 was $116 Mil. US Silica Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $834 Mil. Therefore, US Silica Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 13.96%.

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

SLCA' s ROE % Range Over the Past 10 Years
Min: -37.61   Med: -0.97   Max: 34.09
Current: 18.91

During the past 13 years, US Silica Holdings's highest ROE % was 34.09%. The lowest was -37.61%. And the median was -0.97%.

SLCA's ROE % is ranked better than
75.32% of 1013 companies
in the Oil & Gas industry
Industry Median: 7.85 vs SLCA: 18.91

US Silica Holdings ROE % Historical Data

The historical data trend for US Silica 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.

US Silica Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -37.61 -17.28 -5.54 12.02 19.01

US Silica Holdings Quarterly Data
Mar19 Jun19 Sep19 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 18.63 24.97 24.33 13.41 13.96

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, US Silica 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.


US Silica Holdings ROE % Distribution

For the Oil & Gas industry and Energy sector, US Silica Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where US Silica Holdings's ROE % falls into.



US Silica Holdings ROE % Calculation

US Silica 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 )
=146.925/( (696.685+849.308)/ 2 )
=146.925/772.9965
=19.01 %

US Silica 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 )
=116.436/( (818.332+849.308)/ 2 )
=116.436/833.82
=13.96 %

* 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.


US Silica Holdings  (NYSE:SLCA) 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
=116.436/833.82
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(116.436 / 1344.148)*(1344.148 / 2098.7835)*(2098.7835 / 833.82)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.66 %*0.6404*2.5171
=ROA %*Equity Multiplier
=5.55 %*2.5171
=13.96 %

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
=116.436/833.82
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (116.436 / 149.084) * (149.084 / 180.46) * (180.46 / 1344.148) * (1344.148 / 2098.7835) * (2098.7835 / 833.82)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.781 * 0.8261 * 13.43 % * 0.6404 * 2.5171
=13.96 %

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.


US Silica Holdings ROE % Related Terms

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


US Silica Holdings (US Silica Holdings) Business Description

Traded in Other Exchanges
Address
24275 Katy Freeway, Suite 600, Katy, TX, USA, 77494
US Silica Holdings Inc is the supplier of sand used in the hydraulic fracturing of oil and gas wells. The company delivers sand in basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.
Executives
Kevin Hough officer: EVP & Chief Financial Officer 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Bryan Adair Shinn director, officer: President & CEO 8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701
Jay Moreau officer: EVP & Chief Operating Officer 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Jimmi Sue Smith director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Simon Bates director 62 WHITTEMORE AVE, CAMBRIDGE MA 02140
Diane K Duren director PO BOX 45308, OMAHA NE 68145
Donald A Merril officer: EVP & Chief Financial Officer 1293 SOUTH MAIN STREET, AKRON OH 44301
Stacy Russell officer: SVP General Counsel 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
William Jennings Kacal director 2112 INWOOD DRIVE, HOUSTON TX 77019
Charles W Shaver director C/O US SILICA, 8490 PROGRESS DR. STE 300, FREDERICK MD 21701
Michael L Winkler officer: EVP & Chief Operating Officer 8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701
Sandra Rogers director 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Zach Carusona officer: President Specialty Minerals 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
James Derek Ussery officer: President Oil and Gas 1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Donna Lynnette Crowder officer: SVP and CHRO 24275 KATY FREEWAY, SUITE 600, KATY TX 77494