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Autodesk (Autodesk) ROE %

: 67.61% (As of Jan. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Autodesk's annualized net income for the quarter that ended in Jan. 2024 was $1,128 Mil. Autodesk's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $1,669 Mil. Therefore, Autodesk's annualized ROE % for the quarter that ended in Jan. 2024 was 67.61%.

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

ADSK' s ROE % Range Over the Past 10 Years
Min: -237.4   Med: 54.78   Max: Negative Equity
Current: 68.79

During the past 13 years, Autodesk's highest ROE % was Negative Equity%. The lowest was -237.40%. And the median was 54.78%.

ADSK's ROE % is ranked better than
97.2% of 2641 companies
in the Software industry
Industry Median: 3.17 vs ADSK: 68.79

Autodesk ROE % Historical Data

The historical data trend for Autodesk'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.

Autodesk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Equity 292.35 54.78 82.55 60.40

Autodesk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 114.29 63.08 84.45 71.73 67.61

Competitive Comparison

For the Software - Application subindustry, Autodesk'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.


Autodesk ROE % Distribution

For the Software industry and Technology sector, Autodesk's ROE % distribution charts can be found below:

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



Autodesk ROE % Calculation

Autodesk's annualized ROE % for the fiscal year that ended in Jan. 2024 is calculated as

ROE %=Net Income (A: Jan. 2024 )/( (Total Stockholders Equity (A: Jan. 2023 )+Total Stockholders Equity (A: Jan. 2024 ))/ count )
=906/( (1145+1855)/ 2 )
=906/1500
=60.40 %

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

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=1128/( (1482+1855)/ 2 )
=1128/1668.5
=67.61 %

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


Autodesk  (NAS:ADSK) 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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=1128/1668.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1128 / 5876)*(5876 / 9569)*(9569 / 1668.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.2 %*0.6141*5.7351
=ROA %*Equity Multiplier
=11.79 %*5.7351
=67.61 %

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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=1128/1668.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1128 / 1348) * (1348 / 1260) * (1260 / 5876) * (5876 / 9569) * (9569 / 1668.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8368 * 1.0698 * 21.44 % * 0.6141 * 5.7351
=67.61 %

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


Autodesk ROE % Related Terms

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


Autodesk (Autodesk) Business Description

Address
One Market Street, Suite 400, San Francisco, CA, USA, 94105
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
Executives
Mary T Mcdowell director
Stacy J Smith director 2200 MISSION COLLEGE BLVD., RNB-4-151, SANTA CLARA CA 95054
Rebecca Pearce officer: EVP, Chief People Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Betsy Rafael director 550 MERIDIAN AVENUE, SAN JOSE CA 95126
Stephen W. Hope officer: VP & Chief Accounting Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Andrew Anagnost director, officer: President and CEO 111 MCINNIS PARKWAY, AUTODESK, INC., SAN RAFAEL CA 94903
Deborah Clifford officer: EVP & Chief Financial Officer 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Rami Rahim director 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Ruth Ann Keene officer: EVP, Corp Affairs, CLO C/O UNITY SOFTWARE INC., 30 - 3RD STREET, SAN FRANCISCO CA 94103
Di Fronzo Pascal W officer: EVP, Corp Affairs, CLO & Sec AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Steven M Blum officer: Chief Revenue Officer 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
French R Reid Jr director C/O INTERGRAPH CORP, 288 DUNLOP BLVD, HUNTSVILLE AL 35824
Stephen D Milligan director C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119