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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. Global Ship Lease's 5-Year RORE % for the quarter that ended in Sep. 2024 was 28.97%.
The industry rank for Global Ship Lease's 5-Year RORE % or its related term are showing as below:
The historical data trend for Global Ship Lease'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.
Global Ship Lease Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
5-Year RORE % | Get a 7-Day Free Trial | -23.06 | -57.34 | -210.63 | 100.60 | 29.76 |
Global Ship Lease Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | 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 | 80.92 | 29.76 | 30.97 | 28.67 | 28.97 |
For the Rental & Leasing Services subindustry, Global Ship Lease'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.
For the Business Services industry and Industrials sector, Global Ship Lease's 5-Year RORE % distribution charts can be found below:
* The bar in red indicates where Global Ship Lease's 5-Year RORE % falls into.
Global Ship Lease'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 ) |
= | ( 9.139 | - | 1.741 ) | / | ( 30.361 | - | 4.825 ) | |
= | 7.398 | / | 25.536 | |||||
= | 28.97 % |
* 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.
Global Ship Lease (NYSE:GSL) 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.
Thank you for viewing the detailed overview of Global Ship Lease's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
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Israel A Englander | other: May be deemed a group member. | C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022 |
Millenco, L.l.c. | 10 percent owner | C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103 |
Millennium Management Llc | other: May be deemed a group member. | 399 PARK AVENUE, NEW YORK NY 10022 |
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Millennium International Management Lp | other: May be deemed a group member. | 399 PARK AVENUE, NEW YORK NY 10022 |
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Millennium Group Management Llc | other: May be deemed a group member. | C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022 |
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