>
Switch to:

Resources Connection ROE %

: 15.42% (As of Aug. 2021)
View and export this data going back to 2000. Start your Free Trial

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. Resources Connection's annualized net income attributable to common stockholders for the quarter that ended in Aug. 2021 was $51.7 Mil. Resources Connection's average Total Stockholders Equity over the quarter that ended in Aug. 2021 was $335.2 Mil. Therefore, Resources Connection's annualized ROE % for the quarter that ended in Aug. 2021 was 15.42%.

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

NAS:RGP' s ROE % Range Over the Past 10 Years
Min: 5.7   Med: 8   Max: 11.42
Current: 11.25

5.7
11.42

During the past 13 years, Resources Connection's highest ROE % was 11.42%. The lowest was 5.70%. And the median was 8.00%.

NAS:RGP's ROE % is ranked higher than
63% of the 998 Companies
in the Business Services industry.

( Industry Median: 7.56 vs. NAS:RGP: 11.25 )

Resources Connection ROE % Historical Data

The historical data trend for Resources Connection'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.

Resources Connection Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.42 7.43 11.42 9.65 7.97

Resources Connection Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.98 -1.29 0.90 29.19 15.42

Competitive Comparison

For the Consulting Services subindustry, Resources Connection'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.

   

Resources Connection ROE % Distribution

For the Business Services industry and Industrials sector, Resources Connection's ROE % distribution charts can be found below:

* The bar in red indicates where Resources Connection's ROE % falls into.



Resources Connection ROE % Calculation

Resources Connection's annualized ROE % for the fiscal year that ended in May. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: May. 2021 )/( (Total Stockholders Equity (A: May. 2020 )+Total Stockholders Equity (A: May. 2021 ))/ count )
=25.229/( (303.661+329.546)/ 2 )
=25.229/316.6035
=7.97 %

Resources Connection's annualized ROE % for the quarter that ended in Aug. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Aug. 2021 )/( (Total Stockholders Equity (Q: May. 2021 )+Total Stockholders Equity (Q: Aug. 2021 ))/ count )
=51.692/( (329.546+340.845)/ 2 )
=51.692/335.1955
=15.42 %

* 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 (Aug. 2021) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Resources Connection  (NAS:RGP) 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: Aug. 2021 )
=Net Income/Total Stockholders Equity
=51.692/335.1955
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51.692 / 732.56)*(732.56 / 517.6395)*(517.6395 / 335.1955)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.06 %*1.4152*1.5443
=ROA %*Equity Multiplier
=9.99 %*1.5443
=15.42 %

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: Aug. 2021 )
=Net Income/Total Stockholders Equity
=51.692/335.1955
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (51.692 / 72.436) * (72.436 / 72.072) * (72.072 / 732.56) * (732.56 / 517.6395) * (517.6395 / 335.1955)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7136 * 1.0051 * 9.84 % * 1.4152 * 1.5443
=15.42 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Aug. 2021) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Aug. 2021) 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.


Resources Connection ROE % Related Terms

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


Resources Connection Business Description

Resources Connection logo
Industry
Industrials » Business Services NAICS : 561499 SIC : 7389
Traded in Other Exchanges
Address
17101 Armstrong Avenue, Suite 100, Irvine, CA, USA, 92614
Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals. The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support. Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.
Executives
Duchene Kate W director, officer: President & CEO C/O RESOURCES CONNECTION 695 TOWN CENTER DR COSTA MESA CA 92626
Ryu Jennifer Y officer: CFO 17101 ARMSTRONG AVENUE IRVINE CA 92614
Pisano A Robert director C/O RESOURCES CONNECTION 695 TOWN CENTER DR COSTA MESA CA 92626
Von Maltzan Marco director 17101 ARMSTRONG AVE #100 RGP IRVINE CA 92614
Crawford Susan J director 17101 ARMSTRONG AVE IRVINE CA 92614
Shih Anne director 17101 ARMSTRONG AVENUE IRVINE CA 92614
Wargotz Michael H director AXCESS WORLDWIDE 515 MADISON AVE., 15TH FLOOR NEW YORK NY 10022
Cherbak Anthony director 695 TOWN CENTER DRIVE SUITE 600 COSTA MESA CA 92626
Kistinger Robert F director 17101 ARMSTRONG AVE IRVINE CA 92614
Sykes Jolene director 695 TOWN CENTER DRIVE SUITE 606 COSTA MESA CA 92626
Dimick Neil F director BUILDING 4, TRIDENT PLACE MOSQUITO WAY HATFIELD, HERTFORDSHIRE X0 AL10 9UL
Brackney Timothy L officer: President and COO 12 ANDERSON WAY MENLO PARK CA 94025
Bower John D officer: Chief Accounting Officer C/O RESOURCES CONNECTION 695 TOWN CENTER DR COSTA MESA CA 92626
Murray Donald B director RESOURCES CONNECTION 695 TOWN CTR DR STE 600 COSTA MESA CA 92626
Mueller Herbert M officer: CFO & EVP PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MUELLER HERBERT M a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Resources Connection Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)