GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SoFi Technologies Inc (FRA:6B0) » Definitions » 5-Year RORE %

SoFi Technologies (FRA:6B0) 5-Year RORE % : -12.30% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is SoFi Technologies 5-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. SoFi Technologies's 5-Year RORE % for the quarter that ended in Sep. 2024 was -12.30%.

The industry rank for SoFi Technologies's 5-Year RORE % or its related term are showing as below:

FRA:6B0's 5-Year RORE % is ranked worse than
76.09% of 481 companies
in the Credit Services industry
Industry Median: 10.28 vs FRA:6B0: -12.30

SoFi Technologies 5-Year RORE % Historical Data

The historical data trend for SoFi Technologies's 5-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.

SoFi Technologies 5-Year RORE % Chart

SoFi Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial - - - - -

SoFi Technologies Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
5-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 - - - - -12.30

Competitive Comparison of SoFi Technologies's 5-Year RORE %

For the Credit Services subindustry, SoFi Technologies's 5-Year RORE %, along with its competitors' market caps and 5-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.


SoFi Technologies's 5-Year RORE % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SoFi Technologies's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where SoFi Technologies's 5-Year RORE % falls into.



SoFi Technologies 5-Year RORE % Calculation

SoFi Technologies's 5-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 0.09--0.405 )/( -4.023-0 )
=0.495/-4.023
=-12.30 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 5-year before.


SoFi Technologies  (FRA:6B0) 5-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, 5-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.


SoFi Technologies 5-Year RORE % Related Terms

Thank you for viewing the detailed overview of SoFi Technologies's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


SoFi Technologies Business Description

Traded in Other Exchanges
Address
234 1st Street, San Francisco, CA, USA, 94105
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.

SoFi Technologies Headlines

No Headlines