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Atwood Oceanics (Atwood Oceanics) ROE % : -0.51% (As of Jun. 2017)


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What is Atwood Oceanics ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Atwood Oceanics's annualized net income for the quarter that ended in Jun. 2017 was $-17.4 Mil. Atwood Oceanics's average Total Stockholders Equity over the quarter that ended in Jun. 2017 was $3,400.4 Mil. Therefore, Atwood Oceanics's annualized ROE % for the quarter that ended in Jun. 2017 was -0.51%.

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

ATW's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 7.79
* Ranked among companies with meaningful ROE % only.

Atwood Oceanics ROE % Historical Data

The historical data trend for Atwood Oceanics'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.

Atwood Oceanics ROE % Chart

Atwood Oceanics Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 16.89 14.31 15.72 8.59

Atwood Oceanics Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 12.58 0.53 1.19 -3.47 -0.51

Competitive Comparison of Atwood Oceanics's ROE %

For the Oil & Gas Drilling subindustry, Atwood Oceanics'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.


Atwood Oceanics's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Atwood Oceanics's ROE % distribution charts can be found below:

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



Atwood Oceanics ROE % Calculation

Atwood Oceanics's annualized ROE % for the fiscal year that ended in Sep. 2016 is calculated as

ROE %=Net Income (A: Sep. 2016 )/( (Total Stockholders Equity (A: Sep. 2015 )+Total Stockholders Equity (A: Sep. 2016 ))/ count )
=265.272/( (2947.17+3230.386)/ 2 )
=265.272/3088.778
=8.59 %

Atwood Oceanics's annualized ROE % for the quarter that ended in Jun. 2017 is calculated as

ROE %=Net Income (Q: Jun. 2017 )/( (Total Stockholders Equity (Q: Mar. 2017 )+Total Stockholders Equity (Q: Jun. 2017 ))/ count )
=-17.396/( (3401.022+3399.822)/ 2 )
=-17.396/3400.422
=-0.51 %

* 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 (Jun. 2017) net income data. ROE % is displayed in the 30-year financial page.


Atwood Oceanics  (NYSE:ATW) 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. 2017 )
=Net Income/Total Stockholders Equity
=-17.396/3400.422
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-17.396 / 468.936)*(468.936 / 4812.4195)*(4812.4195 / 3400.422)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.71 %*0.0974*1.4152
=ROA %*Equity Multiplier
=-0.36 %*1.4152
=-0.51 %

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. 2017 )
=Net Income/Total Stockholders Equity
=-17.396/3400.422
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-17.396 / -7.072) * (-7.072 / 44.64) * (44.64 / 468.936) * (468.936 / 4812.4195) * (4812.4195 / 3400.422)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.4598 * -0.1584 * 9.52 % * 0.0974 * 1.4152
=-0.51 %

Note: The net income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


Atwood Oceanics ROE % Related Terms

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


Atwood Oceanics (Atwood Oceanics) Business Description

Traded in Other Exchanges
N/A
Address
Atwood Oceanics, Inc. is an offshore drilling company that offers drilling and completion of exploratory and development oil and gas wells. An array of unique drilling units is offered globally in the offshore market. Rig options can differ by operative depth of water, bottom condition, environment and geographical area, and by drilling and operating requirement. The main fleet options consist of deepwater semisubmersibles, jackups, and ultra-deepwater rigs. The majority of Atwood's revenue is derived globally from major integrated oil and natural gas companies and independent oil and gas companies.
Executives
Jeffrey Allen Miller director 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Phil D Wedemeyer director
Jack E Golden director 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Mark W. Smith officer: SVP & Chief Financial Officer 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
George S Dotson director
James R Montague director FIVE RADNOR CORPORATE CENTER, SUITE 500, RADNOR PA 19087
Barry Michael Smith officer: Sr. VP - Technical Services 15835 PARK TEN PLACE DRIEV, HOUSTON TX 77084
Robert J. Saltiel officer: President & CEO 4 GREENWAY PLAZA, HOUSTON TX 77046
Walter A Baker officer: Sr Vice Pres., General Counsel 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Stuart D Allen officer: See Remarks 1004 STANFORD ST., UNIT B, HOUSTON TX 77019
Geoffrey C. Wagner officer: VP, Marketing & Bus. Dev. 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Mark-anthony Lovell Mey officer: Exec. VP & CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Alan Quintero officer: Senior Vice President - Operat 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084

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