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Ethan Allen Interiors (Ethan Allen Interiors) ROE % : 10.90% (As of Mar. 2024)


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What is Ethan Allen Interiors ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ethan Allen Interiors's annualized net income for the quarter that ended in Mar. 2024 was $51.8 Mil. Ethan Allen Interiors's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $475.2 Mil. Therefore, Ethan Allen Interiors's annualized ROE % for the quarter that ended in Mar. 2024 was 10.90%.

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

ETD' s ROE % Range Over the Past 10 Years
Min: 2.57   Med: 11.16   Max: 27.22
Current: 15.13

During the past 13 years, Ethan Allen Interiors's highest ROE % was 27.22%. The lowest was 2.57%. And the median was 11.16%.

ETD's ROE % is ranked better than
78.02% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.02 vs ETD: 15.13

Ethan Allen Interiors ROE % Historical Data

The historical data trend for Ethan Allen Interiors'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.

Ethan Allen Interiors ROE % Chart

Ethan Allen Interiors Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.87 2.57 17.66 27.22 24.09

Ethan Allen Interiors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.09 21.99 12.80 14.89 10.90

Competitive Comparison of Ethan Allen Interiors's ROE %

For the Furnishings, Fixtures & Appliances subindustry, Ethan Allen Interiors'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.


Ethan Allen Interiors's ROE % Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Ethan Allen Interiors's ROE % falls into.



Ethan Allen Interiors ROE % Calculation

Ethan Allen Interiors's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=105.807/( (407.349+471.028)/ 2 )
=105.807/439.1885
=24.09 %

Ethan Allen Interiors's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=51.812/( (472.926+477.391)/ 2 )
=51.812/475.1585
=10.90 %

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


Ethan Allen Interiors  (NYSE:ETD) 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. 2024 )
=Net Income/Total Stockholders Equity
=51.812/475.1585
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51.812 / 585.684)*(585.684 / 732.1955)*(732.1955 / 475.1585)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.85 %*0.7999*1.541
=ROA %*Equity Multiplier
=7.08 %*1.541
=10.90 %

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. 2024 )
=Net Income/Total Stockholders Equity
=51.812/475.1585
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (51.812 / 69.192) * (69.192 / 58.284) * (58.284 / 585.684) * (585.684 / 732.1955) * (732.1955 / 475.1585)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7488 * 1.1872 * 9.95 % * 0.7999 * 1.541
=10.90 %

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


Ethan Allen Interiors ROE % Related Terms

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


Ethan Allen Interiors (Ethan Allen Interiors) Business Description

Traded in Other Exchanges
N/A
Address
25 Lake Avenue Extension, Danbury, CT, USA, 06811 - 5286
Ethan Allen Interiors Inc. is a U.S.-based company that manufactures and retails home furnishings & accessories. The firm conducts activities through its wholly owned subsidiary, Ethan Allen Global, Inc., which operates through its own subsidiaries. The company does business across North America, Europe, Asia, & the Middle East. The vast majority of the firm's products are produced in its U.S. plants. The company's activities are divided between its Wholesale unit which includes case goods, upholstered products, and home accents, & its Retail segment. The majority of revenue within Wholesale is generated by upholstered products, & the majority of revenue for the overall company is derived from the Retail segment. Geographically, the majority of the company's revenue is produced in the U.S.
Executives
Rebecca L Thompson officer: SVP, Merchandising 25 LAKE AVENUE EXT., DANBURY CT 06811
Ashley Fothergill officer: SVP, Merchandising 25 LAKE AVENUE EXT., DANBURY CT 06811
Casar Perez Maria Eugenia director 25 LAKE AVENUE EXT., DANBURY CT 06811
David M. Sable director 77 HOT METAL STREET, PITTSBURGH PA 15203-2329
Cynthia Ekberg Tsai director 800 FIFTH AVENUE, NEW YORK NY 10021
John Bernard Clark director 25 LAKE AVENUE EXT., DANBURY CT 06811
James B. Carlson director ETHAN ALLEN DRIVE, DANBURY CT 06811
Daniel M. Grow officer: VP, Business Development ETHAN ALLEN DRIVE, DANBURY CT 06811
Whitely Corey officer: Executive VP Operations C/O ETHAN ALLEN INTERIORS INC, ETHAN ALLEN DRIVE, DANBURY CT 06811
M Farooq Kathwari director, 10 percent owner, officer: Chairman, President & CEO C/O ETHAN ALLEN INTERIORS INC, ETHAN ALLEN DRIVE, DANBURY CT 06811
Rodney A. Hutton officer: Chief Marketing Officer 25 LAKE AVENUE EXT., DANBURY CT 06811-5286
Matthew J Mcnulty officer: VP, Corporate Controller 601 MERRITT 7, NORWALK CT 06851
Domenick J. Esposito director ETHAN ALLEN DRIVE, DANBURY CT 06811
Bedford John S Ii officer: VP, Corporate Controller ETHAN ALLEN DRIVE, DANBURY CT 06811
Mary Garrett director ETHAN ALLEN DRIVE, DANBURY CT 06811