S&P 500 Futures (^ES) Return-on-Tangible-Equity: 0.00% (As of . 20)

What is S&P 500 Futures Return-on-Tangible-Equity?

S&P 500 Futures ^ES +0.07% Return-on-Tangible-Equity is 0.00% as of . 20.

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. S&P 500 Futures's annualized net income for the quarter that ended in . 20 was $ Mil. S&P 500 Futures's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, S&P 500 Futures's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for S&P 500 Futures's Return-on-Tangible-Equity or its related term are showing as below:

^ES's Return-on-Tangible-Equity is not ranked ^*
in the industry.
Industry Median:
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

S&P 500 Futures (:^ES) 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.

S&P 500 Futures Return-on-Tangible-Equity Related Terms

S&P 500 Futures Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for S&P 500 Futures'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.

S&P 500 Futures Return-on-Tangible-Equity Chart

S&P 500 Futures Annual Data

Trend

Return-on-Tangible-Equity

S&P 500 Futures Semi-Annual Data

Return-on-Tangible-Equity

^ES vs : Return-on-Tangible-Equity Comparison

For the subindustry, S&P 500 Futures'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.

S&P 500 Futures Return-on-Tangible-Equity vs Industry

For the industry and sector, S&P 500 Futures's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where S&P 500 Futures's Return-on-Tangible-Equity falls into.

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S&P 500 Futures Return-on-Tangible-Equity Calculation

S&P 500 Futures's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

S&P 500 Futures's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Frequently Asked Questions Learn more about Return-on-Tangible-Equity →

What does a Return-on-Tangible-Equity of 0.00% mean?

S&P 500 Futures (^ES) has a Return-on-Tangible-Equity of 0.00% as of . 20. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on S&P 500 Futures and its competitors.

Is S&P 500 Futures' Return-on-Tangible-Equity too high?

S&P 500 Futures' current Return-on-Tangible-Equity is 0.00%.

How does S&P 500 Futures' Return-on-Tangible-Equity compare to ?

S&P 500 Futures' Return-on-Tangible-Equity is 0.00%. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Return-on-Tangible-Equity for a company?

A good Return-on-Tangible-Equity depends on the industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Return-on-Tangible-Equity mean?

A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on S&P 500 Futures and its competitors. S&P 500 Futures's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is S&P 500 Futures stock overvalued right now?

S&P 500 Futures (^ES) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Return-on-Tangible-Equity calculated?

Return-on-Tangible-Equity is calculated from a company's financial statements. For S&P 500 Futures (^ES), the current Return-on-Tangible-Equity is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

S&P 500 Futures Business Description

Industry

Comparable Companies