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American Woodmark (American Woodmark) ROE %

: 9.47% (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. American Woodmark's annualized net income for the quarter that ended in Jan. 2024 was $85 Mil. American Woodmark's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $896 Mil. Therefore, American Woodmark's annualized ROE % for the quarter that ended in Jan. 2024 was 9.47%.

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

AMWD' s ROE % Range Over the Past 10 Years
Min: -3.89   Med: 12.84   Max: 23
Current: 13.57

During the past 13 years, American Woodmark's highest ROE % was 23.00%. The lowest was -3.89%. And the median was 12.84%.

AMWD's ROE % is ranked better than
72.95% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.275 vs AMWD: 13.57

American Woodmark ROE % Historical Data

The historical data trend for American Woodmark'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.

American Woodmark Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.92 11.15 8.40 -3.89 11.38

American Woodmark 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 7.05 14.04 17.13 13.56 9.47

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, American Woodmark'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.


American Woodmark ROE % Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, American Woodmark's ROE % distribution charts can be found below:

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



American Woodmark ROE % Calculation

American Woodmark's annualized ROE % for the fiscal year that ended in Apr. 2023 is calculated as

ROE %=Net Income (A: Apr. 2023 )/( (Total Stockholders Equity (A: Apr. 2022 )+Total Stockholders Equity (A: Apr. 2023 ))/ count )
=93.723/( (772.883+873.788)/ 2 )
=93.723/823.3355
=11.38 %

American Woodmark'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 )
=84.908/( (895.58+896.91)/ 2 )
=84.908/896.245
=9.47 %

* 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.


American Woodmark  (NAS:AMWD) 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
=84.908/896.245
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(84.908 / 1688.408)*(1688.408 / 1553.971)*(1553.971 / 896.245)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.03 %*1.0865*1.7339
=ROA %*Equity Multiplier
=5.47 %*1.7339
=9.47 %

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
=84.908/896.245
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (84.908 / 113.78) * (113.78 / 111.516) * (111.516 / 1688.408) * (1688.408 / 1553.971) * (1553.971 / 896.245)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7462 * 1.0203 * 6.6 % * 1.0865 * 1.7339
=9.47 %

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.


American Woodmark ROE % Related Terms

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American Woodmark (American Woodmark) Business Description

Traded in Other Exchanges
Address
561 Shady Elm Road, Winchester, VA, USA, 22602
American Woodmark Corp manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. The company offers framed stock cabinets in over 400 different cabinet lines and prices from relatively inexpensive to medium-priced styles. Its products are sold on a national basis across the United States to the remodeling and new home construction markets. The products are sold under the brand names American Woodmark, Simply Woodmark, Timberlake, Shenandoah Cabinetry, Shenandoah Value Series, and Waypoint Living Spaces.
Executives
Andrew B Cogan director C/O KNOLL INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Vance W Tang director C/O KONE INC., 4225 NAPERVILLE ROAD, SUITE 400, LISLE IL 60532
Michael Scott Culbreth officer: SVP & CFO 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Latasha Akoma director 2254 BALSAN WAY, WELLINGTON FL 33414
Emily Cavanagh Videtto director 1901 WEST 4TH STREET, PELLA IA 50219
David A Rodriguez director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Daniel T Hendrix director 2859 PACES ROAD, ATLANTA GA 30339
Paul Joachimczyk officer: VP & CFO C/O TOPBUILD CORP., 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Adams Robert J Jr officer: SVP Value Stream Operations 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Roger Perry Campbell officer: SVP & GM New Construction 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Steven Cary Dunston officer: Senior VP, Manufacturing 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
Teresa M May director 2 COREY CREEK ROAD, TOLEDO OH 43623
Carol B Moerdyk director LIBBEY INC, PO BOX 10060, TOLEDO OH 43699-0060
James G Davis director C/O JAMES G DAVIS CONSTRUCTION CORP, 13530 PARKLAWN DRIVE, ROCKVILLE MD 20852
William F Brandt director, 10 percent owner, officer: Chairman C/O AMERICAN WOODMARK CORPORATION, 3102 SHAWNEE DRIVE, WINCHESTER VA 22601