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URS (FRA:URS) ROE % : 9.15% (As of Jun. 2014)


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What is URS ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. URS's annualized net income for the quarter that ended in Jun. 2014 was €259 Mil. URS's average Total Stockholders Equity over the quarter that ended in Jun. 2014 was €2,832 Mil. Therefore, URS's annualized ROE % for the quarter that ended in Jun. 2014 was 9.15%.

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

FRA:URS' s ROE % Range Over the Past 10 Years
Min: -1.08   Med: 7.93   Max: 18.64
Current: 5.58

During the past 13 years, URS's highest ROE % was 18.64%. The lowest was -1.08%. And the median was 7.93%.

FRA:URS's ROE % is not ranked
in the Construction industry.
Industry Median: 6.72 vs FRA:URS: 5.58

URS ROE % Historical Data

The historical data trend for URS'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.

URS ROE % Chart

URS Annual Data
Trend Oct04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 7.52 -1.09 7.93 5.95

URS Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 6.63 8.68 1.85 2.72 9.15

Competitive Comparison of URS's ROE %

For the Engineering & Construction subindustry, URS'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.


URS's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, URS's ROE % distribution charts can be found below:

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



URS ROE % Calculation

URS's annualized ROE % for the fiscal year that ended in Dec. 2013 is calculated as

ROE %=Net Income (A: Dec. 2013 )/( (Total Stockholders Equity (A: Dec. 2012 )+Total Stockholders Equity (A: Dec. 2013 ))/ count )
=180.456/( (3081.528+2979.276)/ 2 )
=180.456/3030.402
=5.95 %

URS's annualized ROE % for the quarter that ended in Jun. 2014 is calculated as

ROE %=Net Income (Q: Jun. 2014 )/( (Total Stockholders Equity (Q: Mar. 2014 )+Total Stockholders Equity (Q: Jun. 2014 ))/ count )
=259.072/( (2761.137+2902.048)/ 2 )
=259.072/2831.5925
=9.15 %

* 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 (Jun. 2014) net income data. ROE % is displayed in the 30-year financial page.


URS  (FRA:URS) 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: Jun. 2014 )
=Net Income/Total Stockholders Equity
=259.072/2831.5925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(259.072 / 7521.92)*(7521.92 / 6340.5735)*(6340.5735 / 2831.5925)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.44 %*1.1863*2.2392
=ROA %*Equity Multiplier
=4.08 %*2.2392
=9.15 %

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: Jun. 2014 )
=Net Income/Total Stockholders Equity
=259.072/2831.5925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (259.072 / 356.224) * (356.224 / 406.272) * (406.272 / 7521.92) * (7521.92 / 6340.5735) * (6340.5735 / 2831.5925)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7273 * 0.8768 * 5.4 % * 1.1863 * 2.2392
=9.15 %

Note: The net income data used here is four times the quarterly (Jun. 2014) net income data. The Revenue data used here is four times the quarterly (Jun. 2014) 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.


URS ROE % Related Terms

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


URS (FRA:URS) Business Description

Traded in Other Exchanges
N/A
Address
URS Corporation was originally incorporated in California on May 1, 1957 under the former name of Broadview Research Corporation. On May 18, 1976, it re-incorporated in Delaware under the name URS Corporation. After several additional name changes, it re-adopted the name 'URS Corporation' on February 21, 1990. The Company is an international provider of engineering, construction and technical services. It offers a range of program management, planning, design, engineering, construction and construction management, operations and maintenance, and decommissioning and closure services to public agencies and private sector clients around the world. It is also a U.S. federal government contractor in the areas of systems engineering and technical assistance, and operations and maintenance. The Company expertise is focused in four market sectors: power, infrastructure, federal, and industrial and commercial. Within these markets, it offers a broad range of services, including program management; planning, design and engineering; systems engineering and technical assistance; IT services; construction and construction management; operations and maintenance; and decommissioning and closure. In the power sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. It provides these services to utilities, industrial co-generators, independent power producers, original equipment manufacturers and government utilities. In the infrastructure sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. As a contractor to the U.S. federal government and national governments of other countries, it serves a wide variety of government departments and agencies, including the DOD, DHS, Department of Energy, as well as the General Services Administration, the Environmental Protection Agency, NASA and other federal agencies. The Company's services range from program management; planning, design and engineering; systems engineering and technical assistance; and IT services to construction and construction management; operations and maintenance; and decommissioning and closure. In industrial and commercial sector it provides a wide range of engineering, procurement and construction services for new industrial and commercial

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