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Gannett Co (Gannett Co) ROE %

: -28.42% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gannett Co's annualized net income for the quarter that ended in Dec. 2023 was $-92 Mil. Gannett Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $322 Mil. Therefore, Gannett Co's annualized ROE % for the quarter that ended in Dec. 2023 was -28.42%.

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

GCI' s ROE % Range Over the Past 10 Years
Min: -99.67   Med: -4.9   Max: 11.95
Current: -8.75

During the past 13 years, Gannett Co's highest ROE % was 11.95%. The lowest was -99.67%. And the median was -4.90%.

GCI's ROE % is ranked worse than
71.88% of 985 companies
in the Media - Diversified industry
Industry Median: 2.37 vs GCI: -8.75

Gannett Co ROE % Historical Data

The historical data trend for Gannett Co'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.

Gannett Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.11 -99.67 -30.12 -18.84 -9.06

Gannett Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 43.03 13.42 -15.64 -3.14 -28.42

Competitive Comparison

For the Publishing subindustry, Gannett Co'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.


Gannett Co ROE % Distribution

For the Media - Diversified industry and Communication Services sector, Gannett Co's ROE % distribution charts can be found below:

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



Gannett Co ROE % Calculation

Gannett Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-27.791/( (295.742+317.785)/ 2 )
=-27.791/306.7635
=-9.06 %

Gannett Co's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-91.568/( (326.519+317.785)/ 2 )
=-91.568/322.152
=-28.42 %

* 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 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Gannett Co  (NYSE:GCI) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-91.568/322.152
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-91.568 / 2677.62)*(2677.62 / 2215.312)*(2215.312 / 322.152)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.42 %*1.2087*6.8766
=ROA %*Equity Multiplier
=-4.13 %*6.8766
=-28.42 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-91.568/322.152
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-91.568 / -5.26) * (-5.26 / 98.54) * (98.54 / 2677.62) * (2677.62 / 2215.312) * (2215.312 / 322.152)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 17.4084 * -0.0534 * 3.68 % * 1.2087 * 6.8766
=-28.42 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Gannett Co ROE % Related Terms

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Gannett Co (Gannett Co) Business Description

Traded in Other Exchanges
Address
7950 Jones Branch Drive, McLean, VA, USA, 22107-0910
Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The Group operate in two segments, Gannett Media and Digital Marketing Solutions. The majority of revenue is from the Gannett media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.
Executives
Laurence Tarica director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Reed director, officer: Chief Executive Officer C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Cindy Gallagher officer: CAO and PAO C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Amy Reinhard director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
John Jeffry Louis director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Vinayak Hegde director 9785 S. MONROE STREET, SUITE 300, SANDY UT 84070
Debra A. Sandler director KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Theodore Peter Janulis director C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mayur Gupta director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Paul J Bascobert officer: CEO of Gannett Media Corp. 20 W. KINZIE ST, SUITE 1600, CHICAGO IL 60610
Douglas Edward Horne officer: CFO and CAO ONE TIME WARNER CENTER, NEW YORK NY 10019
Maria M Miller director C/O DAVE & BUSTERS, 2481 MANANA DR, DALLAS TX 75220
Barbara W. Wall director C/O GANNETT CO., INC., 7950 JONES BRANCH DR., MCLEAN VA 22107
Kevin M Sheehan director DAVE & BUSTER'S ENTERTAINMENT INC., 2481 MANANA DRIVE, DALLAS TX 75220
Alison K Engel officer: Chief Financial Officer 400 SOUTH RECORD STREET, DALLAS TX 75202