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SPRU (Spruce Power Holding) 5-Year RORE % : 29.41% (As of Sep. 2024)


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What is Spruce Power Holding 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. Spruce Power Holding's 5-Year RORE % for the quarter that ended in Sep. 2024 was 29.41%.

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

SPRU's 5-Year RORE % is ranked better than
74.82% of 818 companies
in the Semiconductors industry
Industry Median: 5.69 vs SPRU: 29.41

Spruce Power Holding 5-Year RORE % Historical Data

The historical data trend for Spruce Power Holding'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.

Spruce Power Holding 5-Year RORE % Chart

Spruce Power Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
- - - - -

Spruce Power Holding 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 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 - - - - 29.41

Competitive Comparison of Spruce Power Holding's 5-Year RORE %

For the Solar subindustry, Spruce Power Holding'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.


Spruce Power Holding's 5-Year RORE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Spruce Power Holding's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Spruce Power Holding's 5-Year RORE % falls into.



Spruce Power Holding 5-Year RORE % Calculation

Spruce Power Holding'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 )
=( -5.07--1.368 )/( -12.588-0 )
=-3.702/-12.588
=29.41 %

* 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.


Spruce Power Holding  (NYSE:SPRU) 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.


Spruce Power Holding 5-Year RORE % Related Terms

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Spruce Power Holding Business Description

Traded in Other Exchanges
N/A
Address
2000 S Colorado Boulevard, Suite 2-825, Denver, CO, USA, 80222
Spruce Power Holding Corp is a leading owner and operator of distributed solar energy assets across the United States (the U.S.), offering subscription-based services to approximately 75,000 home solar assets and customer contracts, making renewable energy more accessible to everyone. The Company's primary customers are homeowners and the Company's core solar service offerings generate revenues primarily through (i) the sale of electricity generated by its home solar energy systems to homeowners, (ii) third-party contracts to sell solar renewable energy credits (SRECs) generated by the solar energy systems for fixed prices and (iii) the servicing of those agreements for other institutional owners of home solar energy systems.
Executives
Eric M. Tech director, officer: CEO 2701 NAVISTAR DRIVE, LISLE IL 60532
John P. Miller director 26W073 MOHICAN DRIVE, WHEATON IL 60189
Christopher M. Hayes director C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Jonathan J Ledecky director C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kevin Griffin director C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Christian S. Fong director, officer: President and CEO 7550 WISCONSIN AVENUE, 9TH FLOOR, BETHESDA MD 20814
Jonathan M Norling officer: Chief Legal Officer 820 GESSNER ROAD, SUITE 500, HOUSTON TX 77024
Sarah Weber Wells officer: SVP of Fin & Acc & Sustain' 820 GESSNER ROAD, SUITE 500, HOUSTON TX 77024
Stacey Constas officer: General Counsel 47000 LIBERTY DRIVE, WIXOM MI 48393
Michael Kenhard officer: CTO and VP of Engineering 47000 LIBERTY DRIVE, WIXOM MI 48393
Calhoun Colleen officer: VP / GM of XL Grid 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Donald P Klein officer: Chief Financial Officer 201 MITTEL DRIVE, WOOD DALE IL 60191
Cielo Hernandez officer: Chief Financial Officer C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Berklas James P Jr officer: General Counsel 123 MAIN STREET, BRISTOL CT 06010
Sarah Sclarsic director C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174