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U.S. Xpress Enterprises (U.S. Xpress Enterprises) ROE % : -48.01% (As of Mar. 2023)


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What is U.S. Xpress Enterprises ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. U.S. Xpress Enterprises's annualized net income for the quarter that ended in Mar. 2023 was $-108 Mil. U.S. Xpress Enterprises's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was $226 Mil. Therefore, U.S. Xpress Enterprises's annualized ROE % for the quarter that ended in Mar. 2023 was -48.01%.

The historical rank and industry rank for U.S. Xpress Enterprises's ROE % or its related term are showing as below:

USX' s ROE % Range Over the Past 10 Years
Min: -25   Med: 4.06   Max: 26
Current: -25

During the past 13 years, U.S. Xpress Enterprises's highest ROE % was 26.00%. The lowest was -25.00%. And the median was 4.06%.

USX's ROE % is not ranked
in the Transportation industry.
Industry Median: 8.435 vs USX: -25.00

U.S. Xpress Enterprises ROE % Historical Data

The historical data trend for U.S. Xpress Enterprises'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.

U.S. Xpress Enterprises ROE % Chart

U.S. Xpress Enterprises Annual Data
Trend Dec05 Dec06 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.00 -1.57 7.58 4.06 -17.07

U.S. Xpress Enterprises Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -13.04 -0.82 -30.30 -24.02 -48.01

Competitive Comparison of U.S. Xpress Enterprises's ROE %

For the Trucking subindustry, U.S. Xpress Enterprises'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.


U.S. Xpress Enterprises's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, U.S. Xpress Enterprises's ROE % distribution charts can be found below:

* The bar in red indicates where U.S. Xpress Enterprises's ROE % falls into.



U.S. Xpress Enterprises ROE % Calculation

U.S. Xpress Enterprises's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-43.988/( (276.566+238.748)/ 2 )
=-43.988/257.657
=-17.07 %

U.S. Xpress Enterprises's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=-108.48/( (238.748+213.149)/ 2 )
=-108.48/225.9485
=-48.01 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


U.S. Xpress Enterprises  (NYSE:USX) 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. 2023 )
=Net Income/Total Stockholders Equity
=-108.48/225.9485
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-108.48 / 1970.904)*(1970.904 / 1365.612)*(1365.612 / 225.9485)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.5 %*1.4432*6.0439
=ROA %*Equity Multiplier
=-7.94 %*6.0439
=-48.01 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-108.48/225.9485
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-108.48 / -147.8) * (-147.8 / -119.416) * (-119.416 / 1970.904) * (1970.904 / 1365.612) * (1365.612 / 225.9485)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.734 * 1.2377 * -6.06 % * 1.4432 * 6.0439
=-48.01 %

Note: The net income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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.


U.S. Xpress Enterprises ROE % Related Terms

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


U.S. Xpress Enterprises (U.S. Xpress Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
4080 Jenkins Road, Chattanooga, TN, USA, 37421
U.S. Xpress Enterprises Inc provides transportation services throughout the United States, with a focus on the densely populated and economically diverse eastern half of the United States. The Company offers its customers a broad portfolio of services using its own asset-based truckload fleet and third-party carriers through its asset-light freight brokerage network. The Company has two reportable segments; the Truckload segment offers asset-based truckload services, including over-the-road (OTR) trucking and dedicated contract services, and the Brokerage segment is engaged in asset-light freight brokerage services, where loads are contracted to third-party carriers.
Executives
Nathan H Harwell officer: EVP, Chief Legal Off., Sec. 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Amanda R Thompson officer: EVP - People and Safety 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Justin C Harness officer: EVP - Operations 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Jason Grear officer: EVP - Accounting & Finance 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Eric A. Peterson officer: Chief Financial Off. & Treas. 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Max L. Fuller 2008 Irrevocable Trust Fbo William E. Fuller 10 percent owner 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Janice Fuller 10 percent owner, other: Co-Trustee 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Fuller Family Enterprises, Llc 10 percent owner 4080 JENKINS ROAD, CHATTANOOGA TN 37421
William Eric Fuller director, 10 percent owner, officer: President & CEO, other: Co-Trustee & Managing GP 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Edward Hall Braman director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Dennis Alan Nash director 4450 BELDEN VILLAGE ST. NW #800, CANTON OH 44718
Jon Beizer director 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Jennifer Buckner director 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Michael L Ducker director P O BOX 813, LIBERTY CORNER NJ 07938
John C Rickel director 4080 JENKINS ROAD, CHATTANOOGA TN 37421