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DJTWW (Trump Media & Technology Group) ROE % : -13.30% (As of Sep. 2024)


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What is Trump Media & Technology Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Trump Media & Technology Group's annualized net income for the quarter that ended in Sep. 2024 was $-76.99 Mil. Trump Media & Technology Group's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $579.10 Mil. Therefore, Trump Media & Technology Group's annualized ROE % for the quarter that ended in Sep. 2024 was -13.30%.

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

DJTWW' s ROE % Range Over the Past 10 Years
Min: -110.83   Med: Negative Equity   Max: Negative Equity
Current: -110.83

During the past 2 years, Trump Media & Technology Group's highest ROE % was Negative Equity%. The lowest was -110.83%. And the median was Negative Equity%.

DJTWW's ROE % is ranked worse than
93.48% of 552 companies
in the Interactive Media industry
Industry Median: -0.325 vs DJTWW: -110.83

Trump Media & Technology Group ROE % Historical Data

The historical data trend for Trump Media & Technology Group'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.

Trump Media & Technology Group ROE % Chart

Trump Media & Technology Group Annual Data
Trend Dec21 Dec22
ROE %
- Negative Equity

Trump Media & Technology Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only - - -1,716.42 -23.72 -13.30

Competitive Comparison of Trump Media & Technology Group's ROE %

For the Internet Content & Information subindustry, Trump Media & Technology Group'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.


Trump Media & Technology Group's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trump Media & Technology Group's ROE % distribution charts can be found below:

* The bar in red indicates where Trump Media & Technology Group's ROE % falls into.



Trump Media & Technology Group ROE % Calculation

Trump Media & Technology Group's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=50.524/( (-59.096+-8.573)/ 2 )
=50.524/-33.8345
=Negative Equity %

Trump Media & Technology Group'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 )
=-76.992/( (341.668+816.533)/ 2 )
=-76.992/579.1005
=-13.30 %

* 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.


Trump Media & Technology Group  (NAS:DJTWW) 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
=-76.992/579.1005
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-76.992 / 4.044)*(4.044 / 597.1245)*(597.1245 / 579.1005)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1903.86 %*0.0068*1.0311
=ROA %*Equity Multiplier
=-12.95 %*1.0311
=-13.30 %

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
=-76.992/579.1005
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-76.992 / -76.992) * (-76.992 / -94.62) * (-94.62 / 4.044) * (4.044 / 597.1245) * (597.1245 / 579.1005)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.8137 * -2339.76 % * 0.0068 * 1.0311
=-13.30 %

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.


Trump Media & Technology Group ROE % Related Terms

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Trump Media & Technology Group Business Description

Comparable Companies
Traded in Other Exchanges
Address
401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232
Website
Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.