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SSNC (SS&C Technologies Holdings) ROE % : 9.93% (As of Sep. 2024)


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What is SS&C Technologies Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SS&C Technologies Holdings's annualized net income for the quarter that ended in Sep. 2024 was $658 Mil. SS&C Technologies Holdings's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $6,621 Mil. Therefore, SS&C Technologies Holdings's annualized ROE % for the quarter that ended in Sep. 2024 was 9.93%.

The historical rank and industry rank for SS&C Technologies Holdings's ROE % or its related term are showing as below:

SSNC' s ROE % Range Over the Past 10 Years
Min: 2.48   Med: 9.99   Max: 13.47
Current: 10.99

During the past 13 years, SS&C Technologies Holdings's highest ROE % was 13.47%. The lowest was 2.48%. And the median was 9.99%.

SSNC's ROE % is ranked better than
66.83% of 2638 companies
in the Software industry
Industry Median: 4.28 vs SSNC: 10.99

SS&C Technologies Holdings ROE % Historical Data

The historical data trend for SS&C Technologies Holdings'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.

SS&C Technologies Holdings ROE % Chart

SS&C Technologies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.04 11.54 13.47 10.65 9.80

SS&C Technologies Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.13 12.46 9.87 11.84 9.93

Competitive Comparison of SS&C Technologies Holdings's ROE %

For the Software - Application subindustry, SS&C Technologies Holdings'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.


SS&C Technologies Holdings's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, SS&C Technologies Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where SS&C Technologies Holdings's ROE % falls into.



SS&C Technologies Holdings ROE % Calculation

SS&C Technologies Holdings'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 )
=607.1/( (6044.2+6339.6)/ 2 )
=607.1/6191.9
=9.80 %

SS&C Technologies Holdings's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=657.6/( (6427.9+6814.1)/ 2 )
=657.6/6621
=9.93 %

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


SS&C Technologies Holdings  (NAS:SSNC) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=657.6/6621
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(657.6 / 5863.2)*(5863.2 / 17671.8)*(17671.8 / 6621)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.22 %*0.3318*2.6691
=ROA %*Equity Multiplier
=3.72 %*2.6691
=9.93 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=657.6/6621
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (657.6 / 898.4) * (898.4 / 1300.4) * (1300.4 / 5863.2) * (5863.2 / 17671.8) * (17671.8 / 6621)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.732 * 0.6909 * 22.18 % * 0.3318 * 2.6691
=9.93 %

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


SS&C Technologies Holdings ROE % Related Terms

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


SS&C Technologies Holdings Business Description

Traded in Other Exchanges
Address
80 Lamberton Road, Windsor, CT, USA, 06095
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its 2018 purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&C completed the acquisition of Blue Prism.
Executives
Michael Jay Zamkow director 27 KENSINGTON SQUARE, LONDON X0 06095
Normand A Boulanger director, officer: President and COO SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Rahul Kanwar officer: Senior Vice President 80 LAMBERTON ROAD, WINDSOR CT 06095
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708
Michael E Daniels director TYCO, 9 ROSZEL ROAD, PRINCETON NJ 08540
Brian N Schell officer: EVP & CFO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Patrick J Pedonti officer: SVP and CFO SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Jonathan E Michael director C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
William C Stone director, 10 percent owner, officer: Chairman of the Board & CEO
Jason Douglas White officer: SVP & General Counsel 588 THE PARKWAY, MAMARONECK NY 10543
Joseph J. Frank officer: Chief Legal Officer and GC C/O SS&C TECHNOLOGIES HOLDINGS, INC., 4 TIMES SQUARE, NEW YORK NY 10036
Paul Gerard Igoe officer: Sr. VP & General Counsel LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
William A Etherington director CANADIAN IMPERIAL BANK OF COMMERCE, 199 BAY STREET - SUITE 4460, TORONTO A6 M5L 1A2
Tc Group Iv, L.p. 10 percent owner 1001 PENNSYLVANIA AVENUE, N.W., SUITE 200 SOUTH, WASHINGTON DC 20004
Whitman Stephen V R officer: SVP and General Counsel SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095