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.
Resources Connection's 3-Year RORE % for the quarter that ended in May. 2023 was 31.34%.
The industry rank for Resources Connection's 3-Year RORE % or its related term are showing as below:
RGP's 3-Year RORE % is ranked better than 71.18% of 968
companies
in the Business Services industry
Industry Median: 8.88
vs RGP: 31.34
Resources Connection 3-Year RORE % Historical Data
The historical data trend for Resources Connection'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.
Resources Connection Annual Data
Trend
May14
May15
May16
May17
May18
May19
May20
May21
May22
May23
3-Year RORE %
62.32
30.34
-22.68
57.95
31.34
Resources Connection Quarterly Data
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
3-Year RORE %
57.95
57.94
75.20
67.89
31.34
Competitive Comparison
For the Consulting Services subindustry, Resources Connection'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.
Resources Connection 3-Year RORE % Distribution
For the Business Services industry and Industrials sector, Resources Connection's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Resources Connection's 3-Year RORE % falls in comparison to its industry or sector. The grey bar indicates the 3-Year RORE %'s extreme value range as defined by GuruFocus.
Resources Connection 3-Year RORE % Calculation
Resources Connection's 3-Year RORE % for the quarter that ended in May. 2023 is calculated as:
* 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 May. 2023 and 3-year before.
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.
Resources Connection 3-Year RORE % Related Terms
Thank you for viewing the detailed overview of Resources Connection's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Resources Connection (NAS:RGP) Business Description
Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals. It has two segments RGP ( Resources Global Professionals.) and Other segments. The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support. Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.
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