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CAI International (CAI International) ROE % : 26.28% (As of Sep. 2021)


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What is CAI International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CAI International's annualized net income for the quarter that ended in Sep. 2021 was $204.6 Mil. CAI International's average Total Stockholders Equity over the quarter that ended in Sep. 2021 was $778.5 Mil. Therefore, CAI International's annualized ROE % for the quarter that ended in Sep. 2021 was 26.28%.

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

CAI' s ROE % Range Over the Past 10 Years
Min: 1.31   Med: 12.8   Max: 24.5
Current: 17.68

During the past 13 years, CAI International's highest ROE % was 24.50%. The lowest was 1.31%. And the median was 12.80%.

CAI's ROE % is not ranked
in the Business Services industry.
Industry Median: 8.58 vs CAI: 17.68

CAI International ROE % Historical Data

The historical data trend for CAI International'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.

CAI International ROE % Chart

CAI International Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 14.11 12.43 4.45 3.97

CAI International Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 8.91 8.13 20.02 20.48 26.28

Competitive Comparison of CAI International's ROE %

For the Rental & Leasing Services subindustry, CAI International'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.


CAI International's ROE % Distribution in the Business Services Industry

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

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



CAI International ROE % Calculation

CAI International's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=27.733/( (693.24+702.24)/ 2 )
=27.733/697.74
=3.97 %

CAI International's annualized ROE % for the quarter that ended in Sep. 2021 is calculated as

ROE %=Net Income (Q: Sep. 2021 )/( (Total Stockholders Equity (Q: Jun. 2021 )+Total Stockholders Equity (Q: Sep. 2021 ))/ count )
=204.62/( (756.261+800.716)/ 2 )
=204.62/778.4885
=26.28 %

* 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 (Sep. 2021) net income data. ROE % is displayed in the 30-year financial page.


CAI International  (NYSE:CAI) 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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=204.62/778.4885
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(204.62 / 403.308)*(403.308 / 3110.845)*(3110.845 / 778.4885)
=Net Margin %*Asset Turnover*Equity Multiplier
=50.74 %*0.1296*3.996
=ROA %*Equity Multiplier
=6.58 %*3.996
=26.28 %

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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=204.62/778.4885
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (204.62 / 219.332) * (219.332 / 167.172) * (167.172 / 403.308) * (403.308 / 3110.845) * (3110.845 / 778.4885)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9329 * 1.312 * 41.45 % * 0.1296 * 3.996
=26.28 %

Note: The net income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


CAI International ROE % Related Terms

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


CAI International (CAI International) Business Description

Traded in Other Exchanges
N/A
Address
Steuart Tower, 1 Market Plaza, Suite 2400, San Francisco, CA, USA, 94105
CAI International Inc is a global transportation finance and logistics company. It is organized into one segment namely Container leasing. The container leasing segment owns and leases containers and earns fees for managing container portfolios on behalf of third-party investors. The company operates across the United States, Switzerland, France, Korea, Singapore, and other parts of Asia and Europe. It offers various type of containers comprising Dry van containers, Refrigerated containers, open-top, flat-rack, palletwide and swapbody containers, roll trailers, and generator sets.
Executives
Daniel James Hallahan officer: Senior VP, Global Marketing GREYS FARM STANFORD RIVERS ROAD MARDEN ASH ONGAR ESSEX X0 CM5 9BT
Timothy B Page director, officer: EVP and Interim CEO 3000 NW 107TH AVE MIAMI FL 33172
John H Williford director STEUART TOWER, 1 MARKET PLAZA, SUITE 900, SAN FRANCISCO CA 94105
Gary Sawka director ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Kathryn G Jackson director STEUART TOWER 1 MARKET PLAZA, SUITE 900 SAN FRANCISCO CA 94105
Andrew Ogawa director, 10 percent owner 49 FAIRVIEW AVE ATHERTON CA 94027
David G Remington director ONE EMBARCADERO CENTER, SUITE 2101, SAN FRANCISCO CA 94111
Victor Garcia director, officer: President and CEO ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Camille Cutino officer: VP, Operations and HR ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Masaaki Nishibori director ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Marvin Dennis director ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Ogawa Family Trust 10 percent owner 49 FAIRVIEW AVE ATHERTON CA 94027
Hiromitsu Ogawa director, 10 percent owner ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
William Liebeck director ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Nadine Baleeiro Teixeira officer: VP International Legal Affairs ONE EMBARCADERO CENTER SUITE 2101 SAN FRANCISCO CA 94111

CAI International (CAI International) Headlines

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