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Holley (Holley) ROE % : 3.37% (As of Mar. 2024)


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What is Holley ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Holley's annualized net income for the quarter that ended in Mar. 2024 was $14.9 Mil. Holley's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $443.0 Mil. Therefore, Holley's annualized ROE % for the quarter that ended in Mar. 2024 was 3.37%.

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

HLLY' s ROE % Range Over the Past 10 Years
Min: -9.96   Med: 9.08   Max: 20.48
Current: 4.28

During the past 5 years, Holley's highest ROE % was 20.48%. The lowest was -9.96%. And the median was 9.08%.

HLLY's ROE % is ranked worse than
62.73% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 7.32 vs HLLY: 4.28

Holley ROE % Historical Data

The historical data trend for Holley'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.

Holley ROE % Chart

Holley Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- 13.67 -9.96 20.48 4.48

Holley Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 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 4.06 12.13 0.69 1.09 3.37

Competitive Comparison of Holley's ROE %

For the Auto Parts subindustry, Holley'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.


Holley's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Holley's ROE % distribution charts can be found below:

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



Holley ROE % Calculation

Holley'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 )
=19.18/( (415.99+441.151)/ 2 )
=19.18/428.5705
=4.48 %

Holley's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=14.92/( (441.151+444.915)/ 2 )
=14.92/443.033
=3.37 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Holley  (NYSE:HLLY) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=14.92/443.033
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.92 / 634.544)*(634.544 / 1197.5385)*(1197.5385 / 443.033)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.35 %*0.5299*2.703
=ROA %*Equity Multiplier
=1.25 %*2.703
=3.37 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=14.92/443.033
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14.92 / 11.356) * (11.356 / 43.292) * (43.292 / 634.544) * (634.544 / 1197.5385) * (1197.5385 / 443.033)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.3138 * 0.2623 * 6.82 % * 0.5299 * 2.703
=3.37 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Holley ROE % Related Terms

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


Holley (Holley) Business Description

Traded in Other Exchanges
Address
1801 Russellville Road, Bowling Green, KY, USA, 42101
Holley Inc is a designer, marketer, and manufacturer of high-performance automotive aftermarket products, featuring a portfolio of iconic brands serving the car and truck industry. It offers a diversified line of performance automotive products including fuel injection systems, tuners, exhaust products, carburetors, safety equipment and various other performance automotive products. The company's brands include Holley, APR, MSD and Flowmaster, among others. It derives revenue from the U.S. and Italy, of which prime revenue is derived from the U.S.
Executives
Matthew Stevenson director, officer: President and CEO 150 PEABODY PLACE, M.S. LEGL-0008, MEMPHIS TN 38103
Ginger M Jones director 55 JEWELERS PARK DRIVE, NEENAH WI 54956
James D. Coady director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS, L.L.C., 330 MADISON AVENUE, 27TH FLOOR, NEW YORK CITY NY 10017
Owen Basham director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS, L.L.C., 330 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10017
David S Lobel director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS II, 777 THIRD AVE. 32ND FL, NEW YORK NY 10017
Midocean Partners V, L.p. 10 percent owner C/O MIDOCEAN PARTNERS, 320 PARK AVENUE, SUITE 1600, NEW YORK NY 10022
Graham Clempson director, officer: President and Director C/O MIDOCEAN PARTNERS, 245 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10167
Jesse Weaver officer: Chief Financial Officer 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Brian Appelgate officer: Interm Chief Operating Officer 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Dominic Bardos officer: Chief Financial Officer 1801 RUSSELLVILLE RD, BOWLING GREEN KY 42101
Thomas W Tomlinson director, officer: Chief Executive Officer 1801 RUSSELLVILLE RD, BOWLING GREEN KY 42101
Anita Sehgal director 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Carly Kennedy officer: EVP & General Counsel 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Matthew E Rubel director 3231 SE SIXTH AVENUE, TOPEKA KS 66607
Gina L Bianchini director 312 WALNUT STREET, SUITE 1800, CINCINNATI OH 45202

Holley (Holley) Headlines

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