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Great Lakes Dredge & Dock (FRA:5GL) 3-Year RORE % : 100.57% (As of Sep. 2024)


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What is Great Lakes Dredge & Dock 3-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. Great Lakes Dredge & Dock's 3-Year RORE % for the quarter that ended in Sep. 2024 was 100.57%.

The industry rank for Great Lakes Dredge & Dock's 3-Year RORE % or its related term are showing as below:

FRA:5GL's 3-Year RORE % is ranked better than
88.28% of 1613 companies
in the Construction industry
Industry Median: 5.59 vs FRA:5GL: 100.57

Great Lakes Dredge & Dock 3-Year RORE % Historical Data

The historical data trend for Great Lakes Dredge & Dock's 3-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.

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Great Lakes Dredge & Dock 3-Year RORE % Chart

Great Lakes Dredge & Dock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 952.85 64.82 -2.17 -134.79 -135.95

Great Lakes Dredge & Dock Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year RORE % 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 -583.53 -135.95 -32.15 -1.20 100.57

Competitive Comparison of Great Lakes Dredge & Dock's 3-Year RORE %

For the Engineering & Construction subindustry, Great Lakes Dredge & Dock's 3-Year RORE %, along with its competitors' market caps and 3-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.


Great Lakes Dredge & Dock's 3-Year RORE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Great Lakes Dredge & Dock's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Great Lakes Dredge & Dock's 3-Year RORE % falls into.



Great Lakes Dredge & Dock 3-Year RORE % Calculation

Great Lakes Dredge & Dock's 3-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.797-0.272 )/( 0.522-0 )
=0.525/0.522
=100.57 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.


Great Lakes Dredge & Dock  (FRA:5GL) 3-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, 3-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.


Great Lakes Dredge & Dock 3-Year RORE % Related Terms

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Great Lakes Dredge & Dock Business Description

Traded in Other Exchanges
Address
9811 Katy Freeway, Suite 1200, Houston, TX, USA, 77024
Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Its project portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.

Great Lakes Dredge & Dock Headlines

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