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Speedway Motorsports (Speedway Motorsports) 10-Year RORE % : 0.00% (As of Jun. 2019)


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What is Speedway Motorsports 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Speedway Motorsports's 10-Year RORE % for the quarter that ended in Jun. 2019 was 0.00%.

The industry rank for Speedway Motorsports's 10-Year RORE % or its related term are showing as below:

TRK's 10-Year RORE % is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.735
* Ranked among companies with meaningful 10-Year RORE % only.

Speedway Motorsports 10-Year RORE % Historical Data

The historical data trend for Speedway Motorsports's 10-Year RORE % 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.

Speedway Motorsports 10-Year RORE % Chart

Speedway Motorsports Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
10-Year RORE %
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Speedway Motorsports Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Speedway Motorsports's 10-Year RORE %

For the Leisure subindustry, Speedway Motorsports's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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.


Speedway Motorsports's 10-Year RORE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Speedway Motorsports's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Speedway Motorsports's 10-Year RORE % falls into.



Speedway Motorsports 10-Year RORE % Calculation

Speedway Motorsports's 10-Year RORE % for the quarter that ended in Jun. 2019 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 0.93-0.6 )/( 7.69-5.48 )
=0.33/2.21
=14.93 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2019 and 10-year before.


Speedway Motorsports  (NYSE:TRK) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Speedway Motorsports 10-Year RORE % Related Terms

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Speedway Motorsports (Speedway Motorsports) Business Description

Traded in Other Exchanges
N/A
Address
5555 Concord Parkway South, Concord, NC, USA, 28027
Speedway Motorsports Inc act as a promoter, marketer and sponsor of motorsports activities in the United States. The company also provides souvenir merchandising, including screen-printing and embroidery, as well as food, beverage, and hospitality catering services; and radio programming, production, and distribution services. It operates through motorsports event related segments. The motorsports event related segment includes admissions, event related, NASCAR broadcasting and event motorsports merchandising activities. Speedway generates most of the income from NASCAR broadcasting which include rights fees obtained for domestic television broadcasts of NASCAR-sanctioned events.
Executives
James P Holden director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Mark M Gambill director 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
William R Brooks director, officer: Chief Financial Officer 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Marcus G Smith director, 10 percent owner, officer: Chief Executive Officer 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
O Bruton Smith director, 10 percent owner, officer: Executive Chairman 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Bryan Scott Smith director, 10 percent owner 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Byrd Bernard Clinton Jr director 4401 COLWICK ROAD, CHARLOTTE NC 28211
David Bruton Smith 10 percent owner C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
Robert L Rewey director 401 LONE PINE COURT, BLOOMFIELD HILLS MI 48304
William P Benton director PARKLANE TOWERS WEST, 3 PARKLANE BLVD STE 1610, DEARBORN MI 48126

Speedway Motorsports (Speedway Motorsports) Headlines

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