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IAC/InterActiveCorp ROE %

: -13.38% (As of Mar. 2022)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. IAC/InterActiveCorp's annualized net income attributable to common stockholders for the quarter that ended in Mar. 2022 was $-943 Mil. IAC/InterActiveCorp's average Total Stockholders Equity over the quarter that ended in Mar. 2022 was $7,047 Mil. Therefore, IAC/InterActiveCorp's annualized ROE % for the quarter that ended in Mar. 2022 was -13.38%.

The historical rank and industry rank for IAC/InterActiveCorp's ROE % or its related term are showing as below:

IAC' s ROE % Range Over the Past 10 Years
Min: 0.34   Med: 7.15   Max: 8.68
Current: 0.34

During the past 5 years, IAC/InterActiveCorp's highest ROE % was 8.68%. The lowest was 0.34%. And the median was 7.15%.

IAC's ROE % is ranked worse than
53.29% of 563 companies
in the Interactive Media industry
Industry Median: 1.72 vs IAC: 0.34

IAC/InterActiveCorp ROE % Historical Data

The historical data trend for IAC/InterActiveCorp'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.

IAC/InterActiveCorp Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
- 8.68 0.85 5.91 8.39

IAC/InterActiveCorp Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 19.15 10.86 3.26 0.70 -13.38

Competitive Comparison

For the Internet Content & Information subindustry, IAC/InterActiveCorp'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.

   

IAC/InterActiveCorp ROE % Distribution

For the Interactive Media industry and Communication Services sector, IAC/InterActiveCorp's ROE % distribution charts can be found below:

* The bar in red indicates where IAC/InterActiveCorp's ROE % falls into.



IAC/InterActiveCorp ROE % Calculation

IAC/InterActiveCorp's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=577.455/( (6597.575+7175.226)/ 2 )
=577.455/6886.4005
=8.39 %

IAC/InterActiveCorp's annualized ROE % for the quarter that ended in Mar. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Mar. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Mar. 2022 ))/ count )
=-943.192/( (7175.226+6919.455)/ 2 )
=-943.192/7047.3405
=-13.38 %

* 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 attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Mar. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


IAC/InterActiveCorp  (NAS:IAC) 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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-943.192/7047.3405
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-943.192 / 5301.38)*(5301.38 / 12096.912)*(12096.912 / 7047.3405)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17.79 %*0.4382*1.7165
=ROA %*Equity Multiplier
=-7.8 %*1.7165
=-13.38 %

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: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-943.192/7047.3405
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (-943.192 / -1245.428) * (-1245.428 / -435.256) * (-435.256 / 5301.38) * (5301.38 / 12096.912) * (12096.912 / 7047.3405)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7573 * 2.8614 * -8.21 % * 0.4382 * 1.7165
=-13.38 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Mar. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Mar. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders 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.


IAC/InterActiveCorp ROE % Related Terms

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


IAC/InterActiveCorp Business Description

IAC/InterActiveCorp logo
Traded in Other Exchanges
Address
555 West 18th Street, New York, NY, USA, 10011
IAC/InterActiveCorp is an Internet media company with segments that include Angi, Dotdash, search, emerging and other. The firm spun off the narrow-moat dating app provider Match Group in second-quarter 2020 and the no-moat video software provider Vimeo in second-quarter 2021.
Executives
Halpin Christopher officer: EVP & CFO IAC/INTERACTIVECORP 555 WEST 18TH STREET NEW YORK NY 10011
Handler Kendall officer: SVP & General Counsel IAC/INTERACTIVECORP 555 WEST 18TH STREET NEW YORK NY 10011
Moore Westley director 325 WEST HURON STREET SUITE 412 CHICAGO IL 60654
Levin Joseph officer: CEO C/O IAC/INTERACTIVECORP 555 WEST 18TH STREET NEW YORK NY 10011
Lourd Bryan director C/O CAA 9830 WILSHIRE BLVD BEVERLY HILLS CA 90212
Eisner Michael D director C/O WALT DISNEY CO 500 S BUENA VISTA STREET BURBANK CA 91521-1010
Schiffman Glenn director, officer: EVP & CFO 555 WEST 18TH STREET NEW YORK NY 10011
Winiarski Gregg director, officer: EVP and GC IAC/INTERACTIVECORP 555 WEST 18TH STREET NEW YORK NY 10011
Schwerdtman Michael H officer: SVP and Controller (CAO) C/O IAC/INTERACTIVECORP 152 WEST 57TH STREET, 42ND FLOOR NEW YORK NY 10019
Stein Mark J officer: EVP & CSO ONE BRIDGE STREET SUITE 42 IRVINGTON NY 10069
Rosenblatt David S director C/O DOUBLECLICK INC., 111 EIGHTH AVENUE NEW YORK NY 10011
Hammer Bonnie S director 30 ROCKEFELLER PLAZA NEW YORK NY 10112
Zannino Richard F director C/O IAC/INTERACTIVECORP 555 WEST 18TH STREET NEW YORK NY 10011
Spoon Alan G director 1150 15TH ST NW WASHINGTON DC 20071
Iac/interactivecorp 10 percent owner 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400 DALLAS TX 75231

IAC/InterActiveCorp Headlines

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