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GSHD (Goosehead Insurance) 3-Year RORE % : 60.32% (As of Sep. 2024)


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What is Goosehead Insurance 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. Goosehead Insurance's 3-Year RORE % for the quarter that ended in Sep. 2024 was 60.32%.

The industry rank for Goosehead Insurance's 3-Year RORE % or its related term are showing as below:

GSHD's 3-Year RORE % is ranked better than
80.09% of 462 companies
in the Insurance industry
Industry Median: 13.13 vs GSHD: 60.32

Goosehead Insurance 3-Year RORE % Historical Data

The historical data trend for Goosehead Insurance'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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Goosehead Insurance 3-Year RORE % Chart

Goosehead Insurance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial -163.32 506.19 -12.39 -61.84 37.87

Goosehead Insurance 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 8.00 37.87 50.72 55.71 60.32

Competitive Comparison of Goosehead Insurance's 3-Year RORE %

For the Insurance - Diversified subindustry, Goosehead Insurance'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.


Goosehead Insurance's 3-Year RORE % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Goosehead Insurance's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Goosehead Insurance's 3-Year RORE % falls into.



Goosehead Insurance 3-Year RORE % Calculation

Goosehead Insurance'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 )
=( 0.72-0.01 )/( 1.177-0 )
=0.71/1.177
=60.32 %

* 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.


Goosehead Insurance  (NAS:GSHD) 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.


Goosehead Insurance 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Goosehead Insurance's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Goosehead Insurance Business Description

Traded in Other Exchanges
Address
1500 Solana Boulevard, Building 4, Suite 4500, Westlake, TX, USA, 76262
Goosehead Insurance Inc operates as an insurance agency. Its insurance products consist of homeowner's insurance; auto insurance; other personal lines products including flood, wind and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance (motorcycle, recreational vehicle and other insurance); commercial lines insurance (general liability, property, and auto insurance for small businesses); and life insurance. Geographically, it operates in Texas, California, Illinois, Florida, and other regions.
Executives
Mark Miller director 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Adrienne Jones 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Patrick Ryan Langston officer: VP & General Counsel 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Mark Evan Jones director, officer: Chief Executive Officer 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Mark & Robyn Jones Descendants Trust 2014 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Waded Cruzado director C/O GOOSEHEAD INSURANCE, INC., 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Jones Mark E. Jr. 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
John Terry O'connor other: General Counsel 1500 SOLANA BOULEVARD, STE. 4500, WESTLAKE TX 76262
Desiree Coleman 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lindy Langston Spousal Lifetime Access Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Ryan Langston 2021 Family Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Slj Dynasty Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Chick & The Bear Irrevocable Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lanni Romney Spousal Lifetime Access Trust 10 percent owner, other: Member of 10% owner group 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Lanni Romney 10 percent owner, other: Member of 10% owner group 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262