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Atkore ROE %

: 92.61% (As of Jun. 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. Atkore's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2022 was $1,002 Mil. Atkore's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $1,082 Mil. Therefore, Atkore's annualized ROE % for the quarter that ended in Jun. 2022 was 92.61%.

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

ATKR' s ROE % Range Over the Past 10 Years
Min: -58.37   Med: 38.58   Max: 92.74
Current: 94.69

During the past 9 years, Atkore's highest ROE % was 92.74%. The lowest was -58.37%. And the median was 38.58%.

ATKR's ROE % is ranked better than
99.37% of 2680 companies
in the Industrial Products industry
Industry Median: 7.62 vs ATKR: 94.69

Atkore ROE % Historical Data

The historical data trend for Atkore'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.

Atkore Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.31 55.57 76.24 48.73 92.74

Atkore Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 110.27 103.08 89.06 93.56 92.61

Competitive Comparison

For the Electrical Equipment & Parts subindustry, Atkore'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.

   

Atkore ROE % Distribution

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

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



Atkore ROE % Calculation

Atkore's annualized ROE % for the fiscal year that ended in Sep. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Sep. 2021 )/( (Total Stockholders Equity (A: Sep. 2020 )+Total Stockholders Equity (A: Sep. 2021 ))/ count )
=576.477/( (378.41+864.736)/ 2 )
=576.477/621.573
=92.74 %

Atkore's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=1001.72/( (1023.274+1140.009)/ 2 )
=1001.72/1081.6415
=92.61 %

* 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 (Jun. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Atkore  (NYSE:ATKR) 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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=1017.252/1081.6415
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1017.252 / 4246.36)*(4246.36 / 2394.0855)*(2394.0855 / 1081.6415)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.96 %*1.7737*2.2134
=ROA %*Equity Multiplier
=42.5 %*2.2134
=94.05 %

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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=1017.252/1081.6415
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (1017.252 / 1369.416) * (1369.416 / 1398.988) * (1398.988 / 4246.36) * (4246.36 / 2394.0855) * (2394.0855 / 1081.6415)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7428 * 0.9789 * 32.95 % * 1.7737 * 2.2134
=94.05 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Jun. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Jun. 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.


Atkore ROE % Related Terms

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


Atkore Business Description

Atkore logo
Traded in Other Exchanges
Address
16100 South Lathrop Avenue, Harvey, IL, USA, 60426
Atkore is a diversified industrials company and a leading manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
Executives
Pregenzer John W officer: President, Electrical 16100 S LATHROP AVENUE HARVEY IL 60426
Lowe Leangela W. officer: VP, Global Human Resources 16100 S. LATHROP AVENUE HARVEY IL 60426
Lamps Mark F. officer: Pres. Mech. Prods. & Solutions 16100 S. LATHROP AVENUE HARVEY IL 60426
Johnson David Paul officer: Vice President and CFO 16100 SOUTH LATHROP AVENUE HARVEY IL 60426
Johnson Betty R. director 20 LAKE VIEW ROAD HAWTHORN WOODS IL 60047
Schrock Michael V director 5500 WAYZATA BLVD. SUITE 800 GOLDEN VALLEY MN 55416
James Wilbert W Jr director 16100 SOUTH LATHROP AVENUE HARVEY IL 60426
Kershaw Justin A director 16100 SOUTH LATHROP AVENUE HARVEY IL 60426
Schulte Michael J officer: Pres, Mech. Prods. & Solutions 16100 SOUTH LATHROP AVENUE HARVEY IL 60426
Muse Scott H director C/O RICHARD W DAVIES HUBBELL INC 684 DERBY MILFORD RD ORANGE CT 06477
Vanarsdale William director 16100 SOUTH LATHROP AVENUE HARVEY IL 60426
Waltz William E Jr. officer: President, Conduit & Fittings 16100 SOUTH LATHROP AVENUE HARVEY IL 60426
Mallak James A officer: VP and Chief Financial Officer 27175 HAGGERTY RD NOVI MI 48377
Fitzpatrick Kevin P officer: VP, Global Human Resources 3400 N. WOLF FRANKLIN PARK IL 60131
Williamson John Patrick officer: President and CEO 16100 SOUTH LATHROP AVENUE HARVEY IL 60426

Atkore Headlines

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