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BUKS (Butler National) ROE % : 24.94% (As of Oct. 2024)


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What is Butler National ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Butler National's annualized net income for the quarter that ended in Oct. 2024 was $14.38 Mil. Butler National's average Total Stockholders Equity over the quarter that ended in Oct. 2024 was $57.67 Mil. Therefore, Butler National's annualized ROE % for the quarter that ended in Oct. 2024 was 24.94%.

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

BUKS' s ROE % Range Over the Past 10 Years
Min: 0.11   Med: 8.54   Max: 27.21
Current: 23.74

During the past 13 years, Butler National's highest ROE % was 27.21%. The lowest was 0.11%. And the median was 8.54%.

BUKS's ROE % is ranked better than
88.63% of 299 companies
in the Aerospace & Defense industry
Industry Median: 5.92 vs BUKS: 23.74

Butler National ROE % Historical Data

The historical data trend for Butler National'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.

Butler National ROE % Chart

Butler National Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.92 4.20 27.21 10.31 24.72

Butler National Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 44.15 19.56 34.19 16.23 24.94

Competitive Comparison of Butler National's ROE %

For the Aerospace & Defense subindustry, Butler National'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.


Butler National's ROE % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Butler National's ROE % distribution charts can be found below:

* The bar in red indicates where Butler National's ROE % falls into.



Butler National ROE % Calculation

Butler National's annualized ROE % for the fiscal year that ended in Apr. 2024 is calculated as

ROE %=Net Income (A: Apr. 2024 )/( (Total Stockholders Equity (A: Apr. 2023 )+Total Stockholders Equity (A: Apr. 2024 ))/ count )
=12.512/( (46.781+54.441)/ 2 )
=12.512/50.611
=24.72 %

Butler National's annualized ROE % for the quarter that ended in Oct. 2024 is calculated as

ROE %=Net Income (Q: Oct. 2024 )/( (Total Stockholders Equity (Q: Jul. 2024 )+Total Stockholders Equity (Q: Oct. 2024 ))/ count )
=14.384/( (56.292+59.057)/ 2 )
=14.384/57.6745
=24.94 %

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


Butler National  (OTCPK:BUKS) 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: Oct. 2024 )
=Net Income/Total Stockholders Equity
=14.384/57.6745
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.384 / 85.44)*(85.44 / 114.492)*(114.492 / 57.6745)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.84 %*0.7463*1.9851
=ROA %*Equity Multiplier
=12.57 %*1.9851
=24.94 %

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: Oct. 2024 )
=Net Income/Total Stockholders Equity
=14.384/57.6745
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14.384 / 19.7) * (19.7 / 19.416) * (19.416 / 85.44) * (85.44 / 114.492) * (114.492 / 57.6745)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7302 * 1.0146 * 22.72 % * 0.7463 * 1.9851
=24.94 %

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


Butler National ROE % Related Terms

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


Butler National Business Description

Traded in Other Exchanges
N/A
Address
One Aero Plaza, New Century, KS, USA, 66031
Butler National Corp is involved in the design, manufacturing, sale, installation, repair, modification, overhaul, service, and distribution of a wide range of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. The Professional Services segment offers professional management services in the gaming industry, as well as professional architectural and engineering services. The company operates in North America, Europe, Asia, Australia, and other geographical regions.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Christopher J Reedy officer: Vice President 7411 RICHARDS DRIVE, SHAWNEE KS 66216
Joe Aric Peters director 15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar director 2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden director 15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon officer: Chief Financial Officer 19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart officer: Vice President and CFO 15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar officer: CFO 11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman director 8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli director 11028 N. LAUREL AVE, KANSAS CITY MO 64157
Clark D Stewart director, officer: President - CEO 15733 SHANNAN LANE, OLATHE KS 66062

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