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BKSY (BlackSky Technology) ROE % : -53.92% (As of Sep. 2024)


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What is BlackSky Technology ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BlackSky Technology's annualized net income for the quarter that ended in Sep. 2024 was $-50.4 Mil. BlackSky Technology's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $93.4 Mil. Therefore, BlackSky Technology's annualized ROE % for the quarter that ended in Sep. 2024 was -53.92%.

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

BKSY' s ROE % Range Over the Past 10 Years
Min: -334.65   Med: -50.09   Max: -45.82
Current: -45.82

During the past 4 years, BlackSky Technology's highest ROE % was -45.82%. The lowest was -334.65%. And the median was -50.09%.

BKSY's ROE % is ranked worse than
93.01% of 2390 companies
in the Hardware industry
Industry Median: 4.34 vs BKSY: -45.82

BlackSky Technology ROE % Historical Data

The historical data trend for BlackSky Technology'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.

BlackSky Technology ROE % Chart

BlackSky Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
- -334.65 -49.20 -50.09

BlackSky Technology Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.99 -16.35 -72.33 -47.51 -53.92

Competitive Comparison of BlackSky Technology's ROE %

For the Scientific & Technical Instruments subindustry, BlackSky Technology'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.


BlackSky Technology's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BlackSky Technology's ROE % distribution charts can be found below:

* The bar in red indicates where BlackSky Technology's ROE % falls into.



BlackSky Technology ROE % Calculation

BlackSky Technology'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 )
=-53.859/( (121.874+93.159)/ 2 )
=-53.859/107.5165
=-50.09 %

BlackSky Technology's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-50.364/( (76.531+110.267)/ 2 )
=-50.364/93.399
=-53.92 %

* 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. 2024) net income data. ROE % is displayed in the 30-year financial page.


BlackSky Technology  (NYSE:BKSY) 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. 2024 )
=Net Income/Total Stockholders Equity
=-50.364/93.399
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-50.364 / 90.196)*(90.196 / 234.8755)*(234.8755 / 93.399)
=Net Margin %*Asset Turnover*Equity Multiplier
=-55.84 %*0.384*2.5148
=ROA %*Equity Multiplier
=-21.44 %*2.5148
=-53.92 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-50.364/93.399
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-50.364 / -50.252) * (-50.252 / -52.92) * (-52.92 / 90.196) * (90.196 / 234.8755) * (234.8755 / 93.399)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0022 * 0.9496 * -58.67 % * 0.384 * 2.5148
=-53.92 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


BlackSky Technology ROE % Related Terms

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


BlackSky Technology Business Description

Traded in Other Exchanges
N/A
Address
13241 Woodland Park Road, Suite 300, Herndon, VA, USA, 20171
BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of some of the critical and strategic locations, economic assets, and events in the world. It designs, owns, and operates one of the industry's low earth orbit (LEO) small satellite constellations, optimized to capture imagery cost-efficiently where and when its customers need it. its Spectra AI software platform processes data from BlackSky's constellation and from other third-party sensors to develop the critical insights and analytics that provide its customers with the actionable intelligence. Geographically, the company operates in North America, the Middle East, Asia, and Others.
Executives
Tracy Ward officer: Principal Accounting Officer 3901 STONECROFT BOULEVARD, C/O INTERSECTIONS INC., CHANTILLY VA 20151
Brian E O'toole director, officer: CEO and President 2325 DULLES CORNER BLVD., HERNDON VA 20171
Henry Edward Dubois officer: Chief Development Officer C/O 13241 WOODLAND PARK ROAD, STE 300, HERNDON VA 20171
Christiana L Lin officer: General Counsel & Corp Sec 11465 SUNSET HILLS ROAD, SUITE 200, RESTON VA 20190
Johan G Broekhuysen officer: Chief Financial Officer LUMOS NETWORKS CORP., ONE LUMOS PLAZA, WAYNESBORO VA 22980
Susan M. Gordon director C/O CACI INTERNATIONAL, 1100 N. GLEBE ROAD, 3RD FLOOR, ARLINGTON VA 22201
Mithril Lp 10 percent owner ONE LETTERMAN DRIVE, BUILDING C SUITE 400, SAN FRANCISCO CA 94129
Peter Thiel 10 percent owner 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069
S.a. Thales 10 percent owner TOUR CARPE DIEM, 31 PLACE, DES COROLLES, ESPLANADE NORD 92400, COURBEVOIE I0 92400
Thales Alenia Space Us Investment Llc 10 percent owner 1209 ORANGE STREET, WILMINGTON DE 19801
Thales Alenia Space S.a.s. 10 percent owner 100 BD DU MIDI - 06150, CANNES LA BOCA I0 06150
Seahawk Spv Investment Llc 10 percent owner 2733 SOUTH CRYSTAL DRIVE, SUITE 1200, ARLINGTON TX 22202
Brian G. Daum officer: Chief Financial Officer C/O BLACKSKY TECHNOLOGY INC, 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20271
Mithril Gp Lp 10 percent owner C/O MITHRIL CAPITAL MANAGEMENT LLC, 600 CONGRESS AVENUE, SUITE 3100, AUSTIN TX 78701
Timothy M. Harvey director 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20171