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Oak Street Health (Oak Street Health) ROE % : 0.00% (As of Dec. 2022)


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What is Oak Street Health ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Oak Street Health's annualized net income for the quarter that ended in Dec. 2022 was $-532 Mil. Oak Street Health's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was $-216 Mil. Therefore, Oak Street Health's annualized ROE % for the quarter that ended in Dec. 2022 was N/A%.

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

OSH's ROE % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 4.32
* Ranked among companies with meaningful ROE % only.

Oak Street Health ROE % Historical Data

The historical data trend for Oak Street Health'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.

Oak Street Health ROE % Chart

Oak Street Health Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
-108.80 -495.12 -97.24 -175.11 -

Oak Street Health Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -547.83 -1,754.55 - - -

Competitive Comparison of Oak Street Health's ROE %

For the Medical Care Facilities subindustry, Oak Street Health'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.


Oak Street Health's ROE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oak Street Health's ROE % distribution charts can be found below:

* The bar in red indicates where Oak Street Health's ROE % falls into.



Oak Street Health ROE % Calculation

Oak Street Health'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 )
=-509.2/( (51.4+-271.1)/ 2 )
=-509.2/-109.85
=N/A %

Oak Street Health's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=-532/( (-160.4+-271.1)/ 2 )
=-532/-215.75
=N/A %

* 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 (Dec. 2022) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Oak Street Health  (NYSE:OSH) 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: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-532/-215.75
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-532 / 2310.8)*(2310.8 / 2077.6)*(2077.6 / -215.75)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.02 %*1.1122*N/A
=ROA %*Equity Multiplier
=-25.6 %*N/A
=N/A %

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: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-532/-215.75
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-532 / -536.8) * (-536.8 / -529.2) * (-529.2 / 2310.8) * (2310.8 / 2077.6) * (2077.6 / -215.75)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9911 * 1.0144 * -22.9 % * 1.1122 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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.


Oak Street Health ROE % Related Terms

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


Oak Street Health (Oak Street Health) Business Description

Traded in Other Exchanges
N/A
Address
30 W. Monroe Street, Suite 1200, Chicago, IL, USA, 60603
Oak Street Health Inc is a fast-growing network of value-based, primary care centers for adults on Medicare. The company operates a healthcare model focused on the quality of care over the volume of services and assumes the full financial risk of its patients.
Executives
Regina M. Benjamin director 51 SAWYER ROAD, SUITE 200, WALTHAM MA 02453
Geoffrey M Price director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Robert Guenthner officer: Chief Legal Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Timothy M Cook officer: Chief Financial Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Brian Clem officer: President, Clinical Operations 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Griffin Myers director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Newlight Partners Lp 10 percent owner C/O NEWLIGHT PARTNERS LP, 320 PARK AVENUE, NEW YORK NY 10022
Michael T Pykosz director, officer: See Remarks 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
General Atlantic, L.p. 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic (spv) Gp, Llc 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Cynthia Hiskes officer: Chief Human Resources Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Gap Coinvestments V, Llc 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Kim Keck director 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Tamara Jurgenson officer: Chief Growth Officer 30 W. MONROE STREET, SUITE 1200, CHICAGO IL 60603
Newlight Harbour Point Spv Llc 10 percent owner C/O NEWLIGHT PARTNERS LP, 320 PARK AVENUE, NEW YORK NY 10022

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