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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. WestRock Co's annualized net income for the quarter that ended in Mar. 2024 was $62 Mil. WestRock Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $3,373 Mil. Therefore, WestRock Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 1.84%.
The historical rank and industry rank for WestRock Co's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, WestRock Co's highest Return-on-Tangible-Equity was 89.60%. The lowest was -104.21%. And the median was 32.41%.
The historical data trend for WestRock Co's Return-on-Tangible-Equity 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.
WestRock Co Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial | 55.77 | -104.21 | 49.41 | 37.95 | -56.45 |
WestRock Co Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial | -306.45 | 28.37 | 13.90 | -2.70 | 1.84 |
For the Packaging & Containers subindustry, WestRock Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Packaging & Containers industry and Consumer Cyclical sector, WestRock Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where WestRock Co's Return-on-Tangible-Equity falls into.
WestRock Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(A: Sep. 2023 ) | (A: Sep. 2022 ) | (A: Sep. 2023 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets ) | / count ) | |
(A: Sep. 2023 ) | (A: Sep. 2022 ) | (A: Sep. 2023 ) | |||||
= | -1649 | / | ( (2586.2 | + | 3255.8 ) | / 2 ) | |
= | -1649 | / | 2921 | ||||
= | -56.45 % |
WestRock Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Mar. 2024 ) | (Q: Dec. 2023 ) | (Q: Mar. 2024 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Mar. 2024 ) | (Q: Dec. 2023 ) | (Q: Mar. 2024 ) | |||||
= | 62 | / | ( (3370.3 | + | 3375.7) | / 2 ) | |
= | 62 | / | 3373 | ||||
= | 1.84 % |
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
WestRock Co (NYSE:WRK) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Thank you for viewing the detailed overview of WestRock Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Currey M Russell | director | PO BOX 4098, NORCROSS GA 30091 |
John L O'neal | officer: President, Global Paper | 1155 PERIMETER CENTER WEST, ATLANTA GA 30338 |
James E Nevels | director | C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112 |
Samuel W. Shoemaker | officer: President, Consumer Packaging | 1000 ABERNATHY ROAD NE, SUITE 125, ATLANTA GA 30328 |
Dmitri L Stockton | director | 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902 |
Thomas Stigers | officer: President, Mill Operations | 1000 ABERNATHY ROAD NE, SUITE 125, ATLANTA GA 30328 |
Denise R Singleton | officer: EVP, GC and Secretary | 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062 |
Jean Savage | director | 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254 |
David B Sewell | officer: Chief Executive Officer | 101 W. PROSPECT AVENUE, CLEVELAND OH 44115 |
Alexander W Pease | officer: Chief Financial Officer | 5605 CARNEGIE BOULEVARD, SUTIE 500, CHARLOTTE NC 28209 |
Patrick M. Kivits | officer: Pres, Consumer PKG | 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110 |
Peter C Durette | officer: President, Corrugated Pkg. | MEADWESTVACO, 501 SOUTH 5TH STREET, RICHMOND VA 23219-0501 |
Jeffrey Wayne Chalovich | officer: President - Corrugated Pkging | 504 THRASHER STREET, NORCROSS GA 30071 |
Steven C Voorhees | director, officer: CEO - President | 214 N TRYON STREET, CHARLOTTE NC 28202 |
Patrick Edward Lindner | officer: President, Consumer Packaging | 501 SOUTH 5TH STREET, RICHMOND VA 23219 |
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