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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Winnebago Industries's annualized net income for the quarter that ended in Aug. 2024 was $-116 Mil. Winnebago Industries's average Total Stockholders Equity over the quarter that ended in Aug. 2024 was $1,296 Mil. Therefore, Winnebago Industries's annualized ROE % for the quarter that ended in Aug. 2024 was -8.98%.
The historical rank and industry rank for Winnebago Industries's ROE % or its related term are showing as below:
During the past 13 years, Winnebago Industries's highest ROE % was 33.67%. The lowest was 0.98%. And the median was 19.55%.
The historical data trend for Winnebago Industries'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.
Winnebago Industries Annual Data | |||||||||||||||||||||
Trend | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | Aug24 | |||||||||||
ROE % | Get a 7-Day Free Trial | 8.42 | 29.92 | 33.67 | 16.41 | 0.98 |
Winnebago Industries Quarterly Data | ||||||||||||||||||||
Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | Aug24 | |
ROE % | Get a 7-Day Free Trial | 12.84 | 7.58 | -3.79 | 8.78 | -8.98 |
For the Recreational Vehicles subindustry, Winnebago Industries'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.
For the Vehicles & Parts industry and Consumer Cyclical sector, Winnebago Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Winnebago Industries's ROE % falls into.
Winnebago Industries's annualized ROE % for the fiscal year that ended in Aug. 2024 is calculated as
ROE % | = | Net Income (A: Aug. 2024 ) | / | ( (Total Stockholders Equity (A: Aug. 2023 ) | + | Total Stockholders Equity (A: Aug. 2024 )) | / count ) |
= | 13 | / | ( (1368.1 | + | 1273.3) | / 2 ) | |
= | 13 | / | 1320.7 | ||||
= | 0.98 % |
Winnebago Industries's annualized ROE % for the quarter that ended in Aug. 2024 is calculated as
ROE % | = | Net Income (Q: Aug. 2024 ) | / | ( (Total Stockholders Equity (Q: May. 2024 ) | + | Total Stockholders Equity (Q: Aug. 2024 )) | / count ) |
= | -116.4 | / | ( (1318.4 | + | 1273.3) | / 2 ) | |
= | -116.4 | / | 1295.85 | ||||
= | -8.98 % |
* 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 (Aug. 2024) net income data. ROE % is displayed in the 30-year financial page.
Winnebago Industries (NYSE:WGO) 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: Aug. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | -116.4 | / | 1295.85 | ||
= | (Net Income / Revenue ) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-116.4 / 2883.6) | * | (2883.6 / 2404.6) | * | (2404.6 / 1295.85) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | -4.04 % | * | 1.1992 | * | 1.8556 |
= | ROA % | * | Equity Multiplier | ||
= | -4.84 % | * | 1.8556 | ||
= | -8.98 % |
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: Aug. 2024 ) | ||||||||
= | Net Income | / | Total Stockholders Equity | ||||||
= | -116.4 | / | 1295.85 | ||||||
= | (Net Income / Pre-Tax Income) | * | (Pre-Tax Income / Operating Income) | * | (Operating Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-116.4 / -103.6) | * | (-103.6 / 50) | * | (50 / 2883.6) | * | (2883.6 / 2404.6) | * | (2404.6 / 1295.85) |
= | Tax Burden | * | Interest Burden | * | Operating Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 1.1236 | * | -2.072 | * | 1.73 % | * | 1.1992 | * | 1.8556 |
= | -8.98 % |
Note: The net income data used here is four times the quarterly (Aug. 2024) net income data. The Revenue data used here is four times the quarterly (Aug. 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.
Thank you for viewing the detailed overview of Winnebago Industries's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Stacy L Bogart | officer: VP-General Counsel & Secretary | 13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347 |
Christopher David West | officer: VP - Operations | N60W27221 TRAPPERS RUN, SUSSEX WI 53089 |
Richard D Moss | director | 1715 WEST 38TH STREET, CHATTANOOGA TN 37409 |
William C. Fisher | director | 2100 HIGHWAY 55, MEDINA MN 55340 |
Ashis Nayan Bhattacharya | officer: VP Strategic Development & Pla | 6341 URBANDALE LANE NORTH, MAPLE GROVE MN 55311 |
Staci L Kroon | director | 13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347 |
Donald Jeff Clark | officer: President & CEO Grand Design | 13429 WOODED KNOLL TRAIL, MIDDLEBURY IN 46540 |
Casey J Tubman | officer: PRESIDENT, NEWMAR CORPORATION | 13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347 |
Maria Favlana Blase | director | PO BOX 152, FOREST CITY IA 50436 |
Jacqueline D. Woods | director | PO BOX 152, FOREST CITY IA 50436 |
Kevin E. Bryant | director | C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105 |
Matthew L. Miller | officer: VP, WGO, President, Newmar | P.O. BOX 152, FOREST CITY IA 50436 |
Bret A Woodson | officer: VP-Administration | P.O. BOX 152, FOREST CITY IA 50436 |
Huw Bower | officer: President, Winnebago Outdoors | C/O BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045 |
Michael J Happe | director, officer: CEO & President | P.O. BOX 152, FOREST CITY IA 50436 |
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