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BrightSphere Investment Group (BrightSphere Investment Group) ROE % : 289.06% (As of Dec. 2023)


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What is BrightSphere Investment Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BrightSphere Investment Group's annualized net income for the quarter that ended in Dec. 2023 was $91.2 Mil. BrightSphere Investment Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $31.6 Mil. Therefore, BrightSphere Investment Group's annualized ROE % for the quarter that ended in Dec. 2023 was 289.06%.

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

BSIG' s ROE % Range Over the Past 10 Years
Min: 3.51   Med: 211.67   Max: Negative Equity
Current: 901.37

During the past 13 years, BrightSphere Investment Group's highest ROE % was Negative Equity%. The lowest was 3.51%. And the median was 211.67%.

BSIG's ROE % is ranked better than
99.71% of 1697 companies
in the Asset Management industry
Industry Median: 4.06 vs BSIG: 901.37

BrightSphere Investment Group ROE % Historical Data

The historical data trend for BrightSphere Investment 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.

BrightSphere Investment Group ROE % Chart

BrightSphere Investment 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 267.02 156.32 581.74 Negative Equity 707.53

BrightSphere Investment 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 Negative Equity Negative Equity Negative Equity 589.47 289.06

Competitive Comparison of BrightSphere Investment Group's ROE %

For the Asset Management subindustry, BrightSphere Investment 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.


BrightSphere Investment Group's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BrightSphere Investment Group's ROE % distribution charts can be found below:

* The bar in red indicates where BrightSphere Investment Group's ROE % falls into.



BrightSphere Investment Group ROE % Calculation

BrightSphere Investment 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 )
=65.8/( (-21.6+40.2)/ 2 )
=65.8/9.3
=707.53 %

BrightSphere Investment 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 )
=91.2/( (22.9+40.2)/ 2 )
=91.2/31.55
=289.06 %

* 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.


BrightSphere Investment Group  (NYSE:BSIG) 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
=91.2/31.55
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(91.2 / 524.8)*(524.8 / 582.2)*(582.2 / 31.55)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.38 %*0.9014*18.4532
=ROA %*Equity Multiplier
=15.67 %*18.4532
=289.06 %

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
=91.2/31.55
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (91.2 / 139.6) * (139.6 / 142.4) * (142.4 / 524.8) * (524.8 / 582.2) * (582.2 / 31.55)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6533 * 0.9803 * 27.13 % * 0.9014 * 18.4532
=289.06 %

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.


BrightSphere Investment Group ROE % Related Terms

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


BrightSphere Investment Group (BrightSphere Investment Group) Business Description

Traded in Other Exchanges
Address
200 State Street, 13th Floor, Boston, MA, USA, 02109
BrightSphere Investment Group Inc is a diversified, multi-boutique asset management company. The company's diverse affiliates offer alpha-generating investment products to investors around the world. Its reportable segment includes Quant and Solutions, which comprises of versatile, tailored strategies that leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including non-U.S. and small-cap equities, as well as managed volatility, ESG, multi-asset, equity alternatives, and long/short strategies.. Its affiliates offer products in the U.S, international and emerging markets equities; U.S. fixed income; and alternative investments, including timber and secondary Funds.
Executives
Richard Jonathan Hart officer: Chief Legal Officer 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Christina Wiater officer: Principal Accounting Officer 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Suren Rana director, officer: President and CEO 245 PARK AVENUE, 40TH FLOOR, NEW YORK NY 10167
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
John Paulson director, 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
Daniel K. Mahoney officer: Head of Finance/PAO C/O OLD MUTUAL ASSET MANAGEMENT, 200 CLARENDON STREET, BOSTON MA 02116
Guang Yang director, officer: President and CEO 850 THIRD AVENUE, 16TH FLOOR, NEW YORK NY 10022
Robert J Chersi director C/O OMAM INC, 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Maliz E Beams director C/O PORT FINANCIAL CORP, 1380 SOLDIERS FIELD RD, BRIGHTON MA 02135
Barbara Trebbi director C/O OMAM INC., 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Reginald Love director C/O BRIGHTSPHERE INC., 200 CLARENDON STREET, BOSTON MA 02116
Andrew D Kim director 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036