Johnson OutdoorsJOUT +0.84%72 ROE % is 9.04% as of Mar. 2026, which is 28% below its 10-year median of 12.49. GuruFocus rates JOUT with a GF Score™ of 72/100 and a GF Value™ of $44.36 (Fairly Valued). The stock has 3 warning signs investors should review. Among 824 Travel & Leisure companies, Johnson Outdoors ranks worse than 76.94% on this metric.
The historical rank and industry rank for Johnson Outdoors's ROE % or its related term are showing as below:
JOUT'
s ROE % Range Over the Past 10 Years
Min: -7.78 Med: 12.49 Max: 19.93
Current: -3.55
During the past 13 years, Johnson Outdoors's highest ROE % was 19.93%. The lowest was -7.78%. And the median was 12.49%.
JOUT's ROE % is ranked worse than 76.94% of 824
companies
in the Travel & Leisure industry
Industry Median: 5.485
vs JOUT: -3.55
Johnson Outdoors (NAS:JOUT) 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:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Johnson Outdoors ROE % Related Terms
Johnson Outdoors ROE % Historical Data
* Premium members only.
The historical data trend for Johnson Outdoors'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.
For the Leisure subindustry, Johnson Outdoors'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.
Johnson Outdoors ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's ROE % distribution charts can be found below:
* The bar in red indicates where Johnson Outdoors's ROE % falls into.
* 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Johnson Outdoors (JOUT) has a ROE % of 9.04% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Johnson Outdoors and its competitors. This is 28% below median its historical median of 12.49. According to the industry distribution chart, Johnson Outdoors ranks #634 out of 824 companies in the Travel & Leisure industry, placing it in the top 76.9%.
Is Johnson Outdoors' ROE % too high?
Johnson Outdoors' current ROE % of 9.04% is 28% below median its 10-year median of 12.49. The Travel & Leisure industry median ROE % is 5.49. Johnson Outdoors' value of 9.04% is 64.8% above this industry median. Based on the distribution chart, Johnson Outdoors ranks #634 out of 824 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Johnson Outdoors has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Johnson Outdoors' ROE % compare to FNKO and ESCA?
According to the Travel & Leisure industry distribution chart, Johnson Outdoors ranks #634 out of 824 companies for ROE %. This places Johnson Outdoors in the lower half of its industry. The industry median ROE % is 5.49. Johnson Outdoors' value of 9.04% is 64.8% above this benchmark. While the company's 10-year median is 12.49 vs. the industry median of 5.49, Johnson Outdoors has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.49, based on 824 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Johnson Outdoors's current ROE % of 9.04% is 64.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Johnson Outdoors and its competitors. For the Travel & Leisure industry, the median ROE % is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Outdoors's current ROE % is 9.04%, which is 28% below median its own 10-year median of 12.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Outdoors stock overvalued right now?
Based on GuruFocus' analysis, Johnson Outdoors (JOUT) is currently considered Fairly Valued. The stock's GF Value™ is $44.36, compared to a current price of $45.99 — trading 3.7% above its estimated fair value. The current ROE % is 9.04%, which is 28% below median its 10-year median of 12.49 and 64.8% above the Travel & Leisure industry median of 5.49. Johnson Outdoors' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Johnson Outdoors (JOUT), the current ROE % is 9.04% as of Mar. 2026. 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.
Is Johnson Outdoors (JOUT) Overvalued in 2026?
Based on GuruFocus' analysis, Johnson Outdoors stock appears to be overvalued.
The current stock price of $45.99 is trading 3.7% above its estimated GF Value™ of $44.36.
GuruFocus considers Johnson Outdoors to be Fairly Valued.
Key valuation signals for JOUT:
ROE %: 9.04% (28% below median its 10-year median of 12.49)
GF Value™: $44.36 vs. price of $45.99 (3.7% above fair value)
Industry Position: 64.8% above the Travel & Leisure median (#634 of 824)
No single metric tells the full story. See the JOUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.
72GF Score
Get the complete analysis for JOUT
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JOUT has been successfully added to your 
