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Acacia Research (Acacia Research) Return-on-Tangible-Equity : 60.83% (As of Dec. 2023)


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What is Acacia Research Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Acacia Research's annualized net income for the quarter that ended in Dec. 2023 was $299.0 Mil. Acacia Research's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $491.6 Mil. Therefore, Acacia Research's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 60.83%.

The historical rank and industry rank for Acacia Research's Return-on-Tangible-Equity or its related term are showing as below:

ACTG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -101.82   Med: -21.27   Max: 51.32
Current: 18.76

During the past 13 years, Acacia Research's highest Return-on-Tangible-Equity was 51.32%. The lowest was -101.82%. And the median was -21.27%.

ACTG's Return-on-Tangible-Equity is ranked better than
80.75% of 2924 companies
in the Industrial Products industry
Industry Median: 7.885 vs ACTG: 18.76

Acacia Research Return-on-Tangible-Equity Historical Data

The historical data trend for Acacia Research's Return-on-Tangible-Equity 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.

Acacia Research Return-on-Tangible-Equity Chart

Acacia Research Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.83 51.32 47.86 -43.33 18.13

Acacia Research Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 -34.64 14.60 -25.47 1.76 60.83

Competitive Comparison of Acacia Research's Return-on-Tangible-Equity

For the Business Equipment & Supplies subindustry, Acacia Research's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Acacia Research's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acacia Research's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Acacia Research's Return-on-Tangible-Equity falls into.



Acacia Research Return-on-Tangible-Equity Calculation

Acacia Research's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=67.06/( (214.081+525.72 )/ 2 )
=67.06/369.9005
=18.13 %

Acacia Research's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=299.024/( (457.458+525.72)/ 2 )
=299.024/491.589
=60.83 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Acacia Research  (NAS:ACTG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Acacia Research Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Acacia Research's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Acacia Research (Acacia Research) Business Description

Traded in Other Exchanges
Address
767 Third Avenue, 6th Floor, New York, NY, USA, 10017
Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies. It has two segments Intellectual Property Operations and Industrial Operations.
Executives
Jason W. Soncini officer: General Counsel 767 THIRD AVENUE, SUITE 602, NEW YORK NY 10017
Mcnulty Martin D. Jr. officer: COO & Head of M&A C/O STARBOARD VALUE ACQUISITION CORP., 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Geoffrey G Ribar director
Kirsten Hoover officer: Controller 4 PARK PLAZA, SUITE 550, IRVINE CA 92614
Robert Rasamny officer: Chief Administrative Officer 767 THIRD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund Ltd other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Peter A Feld 10 percent owner, other: See Footnote 2 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Starboard Value Lp 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Gp Llc 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity S Llc other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017

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