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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Insight Enterprises's annualized net income for the quarter that ended in Sep. 2024 was $233 Mil. Insight Enterprises's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $471 Mil. Therefore, Insight Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 49.39%.
The historical rank and industry rank for Insight Enterprises's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, Insight Enterprises's highest Return-on-Tangible-Equity was 47.51%. The lowest was 11.41%. And the median was 25.98%.
The historical data trend for Insight Enterprises's Return-on-Tangible-Equity 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.
Insight Enterprises Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial | 27.14 | 30.48 | 28.63 | 31.07 | 34.69 |
Insight Enterprises Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial | 27.84 | 47.43 | 38.24 | 56.67 | 49.39 |
For the Electronics & Computer Distribution subindustry, Insight Enterprises's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
For the Hardware industry and Technology sector, Insight Enterprises's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Insight Enterprises's Return-on-Tangible-Equity falls into.
Insight Enterprises's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(A: Dec. 2023 ) | (A: Dec. 2022 ) | (A: Dec. 2023 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets ) | / count ) | |
(A: Dec. 2023 ) | (A: Dec. 2022 ) | (A: Dec. 2023 ) | |||||
= | 281.309 | / | ( (940.037 | + | 681.701 ) | / 2 ) | |
= | 281.309 | / | 810.869 | ||||
= | 34.69 % |
Insight Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Sep. 2024 ) | (Q: Jun. 2024 ) | (Q: Sep. 2024 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Sep. 2024 ) | (Q: Jun. 2024 ) | (Q: Sep. 2024 ) | |||||
= | 232.832 | / | ( (513.951 | + | 428.812) | / 2 ) | |
= | 232.832 | / | 471.3815 | ||||
= | 49.39 % |
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
Insight Enterprises (NAS:NSIT) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Thank you for viewing the detailed overview of Insight Enterprises's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Jennifer M Vasin | officer: Chief Human Resources Officer | 2701 E INSIGHT WAY, CHANDLER AZ 85286 |
Kathleen S Pushor | director | 8575 E VOLTAIRE AVE, SCOTTSDALE AZ 85260 |
Adrian P Gregory | officer: President, EMEA | 2701 E INSIGHT WAY, CHANDLER AZ 85286 |
Valueact Capital Master Fund, L.p. | director, other: See Remarks | ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129 |
Catherine Courage | director | 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309 |
Joyce A Mullen | officer: President, North America | 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420 |
Richard E Allen | director | C/O J.D. EDWARDS & CO, ONE TECHNOLOGY WAY, DENVER CO 80237 |
Samuel C Cowley | officer: SVP, Gen'l Counsel & Secretary | 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043 |
Rachael A Bertrandt | officer: Principal Accounting Officer | INSIGHT ENTEPRISES, INC., 2701 E INSIGHT WAY, CHANDLER AZ 85286 |
Timothy A Crown | director, officer: CEO, President | 6820 S HARL AVE, TEMPE AZ 85283 |
Glynis Bryan | officer: CFO | 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416 |
Daniel Burger | officer: President INA | 6820 S HARL AVENUE, TEMPE AZ 85283 |
Sumana Nallapati | officer: Chief Information Officer | 6820 S HARL AVENUE, TEMPE AZ 85283 |
Valueact Capital Management, Llc | director, other: See Remarks | ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129 |
Alexander L. Baum | director | ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129 |
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