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CSW Industrials (CSW Industrials) ROE % : 6.27% (As of Dec. 2023)


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What is CSW Industrials ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CSW Industrials's annualized net income for the quarter that ended in Dec. 2023 was $36.9 Mil. CSW Industrials's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $588.0 Mil. Therefore, CSW Industrials's annualized ROE % for the quarter that ended in Dec. 2023 was 6.27%.

The historical rank and industry rank for CSW Industrials's ROE % or its related term are showing as below:

CSWI' s ROE % Range Over the Past 10 Years
Min: -4.42   Med: 13.72   Max: 19.39
Current: 17.56

During the past 11 years, CSW Industrials's highest ROE % was 19.39%. The lowest was -4.42%. And the median was 13.72%.

CSWI's ROE % is ranked better than
84.22% of 2954 companies
in the Industrial Products industry
Industry Median: 7.1 vs CSWI: 17.56

CSW Industrials ROE % Historical Data

The historical data trend for CSW Industrials'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.

CSW Industrials ROE % Chart

CSW Industrials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.22 16.92 11.59 15.01 19.39

CSW Industrials 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 12.71 21.13 22.55 20.96 6.27

Competitive Comparison of CSW Industrials's ROE %

For the Specialty Industrial Machinery subindustry, CSW Industrials'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.


CSW Industrials's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CSW Industrials's ROE % distribution charts can be found below:

* The bar in red indicates where CSW Industrials's ROE % falls into.



CSW Industrials ROE % Calculation

CSW Industrials's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=96.435/( (469.086+525.675)/ 2 )
=96.435/497.3805
=19.39 %

CSW Industrials'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 )
=36.888/( (586.927+589.072)/ 2 )
=36.888/587.9995
=6.27 %

* 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.


CSW Industrials  (NAS:CSWI) 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
=36.888/587.9995
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(36.888 / 699.868)*(699.868 / 1002.2185)*(1002.2185 / 587.9995)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.27 %*0.6983*1.7045
=ROA %*Equity Multiplier
=3.68 %*1.7045
=6.27 %

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
=36.888/587.9995
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (36.888 / 65.552) * (65.552 / 110.324) * (110.324 / 699.868) * (699.868 / 1002.2185) * (1002.2185 / 587.9995)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5627 * 0.5942 * 15.76 % * 0.6983 * 1.7045
=6.27 %

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.


CSW Industrials ROE % Related Terms

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


CSW Industrials (CSW Industrials) Business Description

Traded in Other Exchanges
Address
5420 Lyndon B. Johnson Freeway, Suite 500, Dallas, TX, USA, 75240
CSW Industrials Inc is a diversified industrial growth company with well-established, scalable platforms and domain expertise across three segments, Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The company's Contractor Solutions segment involves manufacturing efficient and performance-enhancing products for residential and commercial HVAC/R and plumbing applications, which are designed for professional end-use customers. Majority of the company revenue is generated from Contractor Solutions segment from US markets.
Executives
Joseph B Armes director, officer: Chief Executive Officer 5420 LYNDON B, JOHNSON FREEWAY, SUITE 500, DALLAS TX 75240
James E Perry officer: EVP, CFO 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Luke Alverson officer: See Remarks 5400 LYNDON B. JOHNSON FRWY., STE. 1300, DALLAS TX 75240
Danielle Garde officer: SVP, Chief People Officer 5420 LYNDON B JOHNSON FWY #500, DALLAS TX 75240
Anne Motsenbocker director 1300 W SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Bobby Griffin director 5420 LYNDON B JOHNSON FWY#500, DALLAS TX 75240
Michael R Gambrell director 2030 DOW CENTER, MIDLAND MI 48674
Storch Debra Von director 5420 LBJ FREEWAY, STE 500, DALLAS TX 75240
Robert M Swartz director 14911 QUORUM, SUITE 400, DALLAS TX 75254
Terry L Johnston director 2140 LAKE PARK BLVD., RICHARDSON TX 75080
Jay Kent Sweezey director 5420 LBJ FREEWAY, SUITE 500, DALLAS TX 75240
Greggory W Branning officer: EVP, CFO 1293 SOUTH MAIN STREET, AKRON OH 44301
Christopher J Mudd officer: See Remarks 5400 LBJ FREEWAY, SUITE 1300, DALLAS TX 75240
William F Quinn director
Craig James Foster officer: See Remarks 14612 LANDIS LAKES DRIVE, LOUISVILLE KY 40245

CSW Industrials (CSW Industrials) Headlines