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Colliers International Group (Colliers International Group) ROE % : 33.76% (As of Dec. 2023)


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What is Colliers International Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Colliers International Group's annualized net income for the quarter that ended in Dec. 2023 was $270 Mil. Colliers International Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $799 Mil. Therefore, Colliers International Group's annualized ROE % for the quarter that ended in Dec. 2023 was 33.76%.

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

CIGI' s ROE % Range Over the Past 10 Years
Min: -67.04   Med: 16.71   Max: 38.68
Current: 9.9

During the past 13 years, Colliers International Group's highest ROE % was 38.68%. The lowest was -67.04%. And the median was 16.71%.

CIGI's ROE % is ranked better than
76.75% of 1776 companies
in the Real Estate industry
Industry Median: 2.88 vs CIGI: 9.90

Colliers International Group ROE % Historical Data

The historical data trend for Colliers International Group'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.

Colliers International Group ROE % Chart

Colliers International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.86 8.96 -67.07 8.63 9.80

Colliers International Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 18.62 -16.48 -4.56 13.73 33.76

Competitive Comparison of Colliers International Group's ROE %

For the Real Estate Services subindustry, Colliers International Group'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.


Colliers International Group's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Colliers International Group's ROE % distribution charts can be found below:

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



Colliers International Group ROE % Calculation

Colliers International Group'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 )
=65.543/( (489.697+847.991)/ 2 )
=65.543/668.844
=9.80 %

Colliers International Group'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 )
=269.732/( (749.906+847.991)/ 2 )
=269.732/798.9485
=33.76 %

* 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.


Colliers International Group  (NAS:CIGI) 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
=269.732/798.9485
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(269.732 / 4940.672)*(4940.672 / 5361.008)*(5361.008 / 798.9485)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.46 %*0.9216*6.7101
=ROA %*Equity Multiplier
=5.03 %*6.7101
=33.76 %

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
=269.732/798.9485
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (269.732 / 444.78) * (444.78 / 504.896) * (504.896 / 4940.672) * (4940.672 / 5361.008) * (5361.008 / 798.9485)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6064 * 0.8809 * 10.22 % * 0.9216 * 6.7101
=33.76 %

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.


Colliers International Group ROE % Related Terms

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


Colliers International Group (Colliers International Group) Business Description

Traded in Other Exchanges
Address
1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4
Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.
Executives
Spruce House Partnership Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Partnership (qp) Lp 10 percent owner 435 HUDSON ST #804, NEW YORK NY 10014
Spruce House Partnership (ai) Lp 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Capital Llc 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Spruce House Investment Management Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Zachary Sternberg 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Benjamin Forester Stein 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014

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