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WWW (Wolverine World Wide) 3-Year RORE % : 69.44% (As of Sep. 2024)


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What is Wolverine World Wide 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. Wolverine World Wide's 3-Year RORE % for the quarter that ended in Sep. 2024 was 69.44%.

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

WWW's 3-Year RORE % is ranked better than
83.62% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: -0.79 vs WWW: 69.44

Wolverine World Wide 3-Year RORE % Historical Data

The historical data trend for Wolverine World Wide'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.

* Premium members only.

Wolverine World Wide 3-Year RORE % Chart

Wolverine World Wide 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 58.78 -550.81 98.16 16.92 38.79

Wolverine World Wide 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 65.43 38.79 34.85 57.82 69.44

Competitive Comparison of Wolverine World Wide's 3-Year RORE %

For the Footwear & Accessories subindustry, Wolverine World Wide'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.


Wolverine World Wide's 3-Year RORE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Wolverine World Wide's 3-Year RORE % falls into.



Wolverine World Wide 3-Year RORE % Calculation

Wolverine World Wide'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 )
=( -0.89-1.95 )/( -2.89-1.2 )
=-2.84/-4.09
=69.44 %

* 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.


Wolverine World Wide  (NYSE:WWW) 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.


Wolverine World Wide 3-Year RORE % Related Terms

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


Wolverine World Wide Business Description

Traded in Other Exchanges
Address
9341 Courtland Drive North East, Rockford, MI, USA, 49351
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.
Executives
Amy M. Klimek officer: EVP, Global Human Resources 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Isabel Soriano officer: President, International C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Jeffrey M Boromisa director
Michael D Stornant officer: EVP, CFO and Treasurer C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Jodi Bricker director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Demonty Price director C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Andersen Stacia J.p. director 6301 FITCH PATH, NEW ALBANY OH 43054
Kathleen Wilson-thompson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Christopher Hufnagel officer: President, Active Group 9341 COURTLAND DRIVE, ROCKFORD MI 49351
Nicholas T. Long director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Reginald Rasch officer: Sr. VP, Gen'l Counsel & Sec'y 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Brendan Hoffman director, officer: President 100 PIER 1 PLACE, FORT WORTH TX 76102
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Gina Boswell director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212