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Piperndler Cos (Piperndler Cos) ROE %

: 19.63% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Piperndler Cos's annualized net income for the quarter that ended in Dec. 2023 was $208 Mil. Piperndler Cos's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,060 Mil. Therefore, Piperndler Cos's annualized ROE % for the quarter that ended in Dec. 2023 was 19.63%.

The historical rank and industry rank for Piperndler Cos's ROE % or its related term are showing as below:

PIPR' s ROE % Range Over the Past 10 Years
Min: -8.53   Med: 8.06   Max: 29.45
Current: 8.15

During the past 13 years, Piperndler Cos's highest ROE % was 29.45%. The lowest was -8.53%. And the median was 8.06%.

PIPR's ROE % is ranked better than
61.06% of 773 companies
in the Capital Markets industry
Industry Median: 5.13 vs PIPR: 8.15

Piperndler Cos ROE % Historical Data

The historical data trend for Piperndler Cos's ROE % 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.

Piperndler Cos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.86 5.19 29.45 10.46 7.99

Piperndler Cos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only 14.84 9.81 1.53 1.50 19.63

Competitive Comparison

For the Capital Markets subindustry, Piperndler Cos's ROE %, along with its competitors' market caps and ROE % 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.


Piperndler Cos ROE % Distribution

For the Capital Markets industry and Financial Services sector, Piperndler Cos's ROE % distribution charts can be found below:

* The bar in red indicates where Piperndler Cos's ROE % falls into.



Piperndler Cos ROE % Calculation

Piperndler Cos's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=85.491/( (1054.073+1085.498)/ 2 )
=85.491/1069.7855
=7.99 %

Piperndler Cos's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=208.1/( (1034.376+1085.498)/ 2 )
=208.1/1059.937
=19.63 %

* 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 annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Piperndler Cos  (NYSE:PIPR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=208.1/1059.937
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(208.1 / 1833.976)*(1833.976 / 2053.16)*(2053.16 / 1059.937)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.35 %*0.8932*1.9371
=ROA %*Equity Multiplier
=10.14 %*1.9371
=19.63 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=208.1/1059.937
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (208.1 / 343.384) * (343.384 / 1833.976) * (1833.976 / 2053.16) * (2053.16 / 1059.937)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.606 * 18.72 % * 0.8932 * 1.9371
=19.63 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Piperndler Cos ROE % Related Terms

Thank you for viewing the detailed overview of Piperndler Cos's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Piperndler Cos (Piperndler Cos) Business Description

Traded in Other Exchanges
Address
800 Nicollet Mall, Suite 900, Minneapolis, MN, USA, 55402
Piper Sandler Cos is an investment banking company. Investment banking services include financial advisory services, management of and participation in underwriting, and public finance activities. It generates maximum revenue from Advisory services followed by Equity financing. The company focuses on the following sectors: healthcare; energy; consumer; diversified industrials and services; business services; technology; financial services; agriculture, clean technologies, and renewables, focusing on middle-market clients.
Executives
Debbra L. Schoneman officer: Chief Financial Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Chad R Abraham officer: Co-Head Global IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Jonathan J Doyle director, officer: Hd of Financial Services Group 800 NICOLLET MALL, MINNEAPOLIS MN 55402
John W Geelan officer: General Counsel 800 NICOLLET MALL, SUITE 800, MINNEAPOLIS MN 55402
Robbin Mitchell director W56 N17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Michael R Dillahunt officer: Global Co-Head IB and Cap Mkts 800 NICOLLET MALL, SUITE 900, MINNEAPOLIS MN 55402
R Scott Larue officer: Co-Head Global IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Brian R Sterling director 800 NICOLLET MALL, SUITE 900, MINNEAPOLIS MN 55402
Timothy L Carter officer: Chief Accounting Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Victoria M Holt director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
James P Baker officer: Global Co-Head IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Schreier Thomas S Jr director C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
Fairman Francis E Iv officer: Head, Public Finance Services 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew S Duff director, officer: Chairman and CEO 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Christopher D Crawshaw officer: Head of Asset Management 800 NICOLLET MALL, MINNEAPOLIS MN 55402