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Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Return-on-Tangible-Equity : 25.27% (As of Mar. 2022)


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What is Macquarie Infrastructure Holdings LLC Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Macquarie Infrastructure Holdings LLC's annualized net income for the quarter that ended in Mar. 2022 was $44.6 Mil. Macquarie Infrastructure Holdings LLC's average shareholder tangible equity for the quarter that ended in Mar. 2022 was $176.3 Mil. Therefore, Macquarie Infrastructure Holdings LLC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 was 25.27%.

The historical rank and industry rank for Macquarie Infrastructure Holdings LLC's Return-on-Tangible-Equity or its related term are showing as below:

MIC's Return-on-Tangible-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 10.87
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Macquarie Infrastructure Holdings LLC Return-on-Tangible-Equity Historical Data

The historical data trend for Macquarie Infrastructure Holdings LLC's Return-on-Tangible-Equity 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.

Macquarie Infrastructure Holdings LLC Return-on-Tangible-Equity Chart

Macquarie Infrastructure Holdings LLC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.37 70.64 17.09 -75.47 577.11

Macquarie Infrastructure Holdings LLC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Return-on-Tangible-Equity 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 17.86 Negative Tangible Equity 52,185.82 -37.21 25.27

Competitive Comparison of Macquarie Infrastructure Holdings LLC's Return-on-Tangible-Equity

For the Utilities - Regulated Gas subindustry, Macquarie Infrastructure Holdings LLC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Macquarie Infrastructure Holdings LLC's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Macquarie Infrastructure Holdings LLC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Macquarie Infrastructure Holdings LLC's Return-on-Tangible-Equity falls into.



Macquarie Infrastructure Holdings LLC Return-on-Tangible-Equity Calculation

Macquarie Infrastructure Holdings LLC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=2683.868/( (759.9+170.213 )/ 2 )
=2683.868/465.0565
=577.11 %

Macquarie Infrastructure Holdings LLC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=44.568/( (170.213+182.484)/ 2 )
=44.568/176.3485
=25.27 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Macquarie Infrastructure Holdings LLC  (NYSE:MIC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Macquarie Infrastructure Holdings LLC Return-on-Tangible-Equity Related Terms

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Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
125 West 55th Street, New York, NY, USA, 10019
Macquarie Infrastructure Holdings LLC is a diversified business company. The company's business comprises (i) Hawaii Gas, Hawaii's only government-franchised gas utility and an unregulated LPG distribution business providing gas and related services to industrial, commercial, residential, and governmental customers; (ii) controlling interests in two solar facilities on Oahu; and (iii) smaller projects collectively engaged in efforts to reduce the cost and improve the reliability and sustainability of energy in Hawaii. The company serves corporations, government agencies, and individual customers primarily in the United States.
Executives
Christopher Frost director, officer: Chief Executive Officer C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Nick O'neil officer: Chief Financial Officer C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Michael Kernan officer: General Counsel and Secretary 125 W 55TH STREET NEW YORK NY 10019
Jay Davis officer: Vice President 125 W. 55TH STREET LEVEL 15 NEW YORK NY 10019
Martin Stanley director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Ouma Sananikone director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Henry E Lentz director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Amanda M Brock director 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Brown Norman H Jr director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Mihi Llc director, 10 percent owner 125 WEST 55TH STREET, NEW YORK NY 10019
Macquarie Infrastructure Management (usa) Inc director, 10 percent owner 125 WEST 55TH STREET, 15TH FLOOR NEW YORK NY 10019
Macquarie Group Ltd 10 percent owner 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Carmany George W Iii other: Former Director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 600 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10020

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