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Hyliion Holdings (Hyliion Holdings) ROE % : -21.26% (As of Mar. 2024)


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What is Hyliion Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hyliion Holdings's annualized net income for the quarter that ended in Mar. 2024 was $-62.37 Mil. Hyliion Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $293.34 Mil. Therefore, Hyliion Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -21.26%.

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

HYLN' s ROE % Range Over the Past 10 Years
Min: -33.85   Med: -23.74   Max: 104.2
Current: -32.8

During the past 5 years, Hyliion Holdings's highest ROE % was 104.20%. The lowest was -33.85%. And the median was -23.74%.

HYLN's ROE % is ranked worse than
92.5% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 7.33 vs HYLN: -32.80

Hyliion Holdings ROE % Historical Data

The historical data trend for Hyliion Holdings'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.

Hyliion Holdings ROE % Chart

Hyliion Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- 104.20 -16.09 -31.38 -33.85

Hyliion Holdings Quarterly Data
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 -28.12 -37.09 -34.78 -36.38 -21.26

Competitive Comparison of Hyliion Holdings's ROE %

For the Auto Parts subindustry, Hyliion Holdings'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.


Hyliion Holdings's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyliion Holdings's ROE % distribution charts can be found below:

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



Hyliion Holdings ROE % Calculation

Hyliion Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-123.51/( (423.574+306.266)/ 2 )
=-123.51/364.92
=-33.85 %

Hyliion Holdings'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 )
=-62.368/( (306.266+280.41)/ 2 )
=-62.368/293.338
=-21.26 %

* 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.


Hyliion Holdings  (NYSE:HYLN) 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
=-62.368/293.338
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-62.368 / 0)*(0 / 313.0185)*(313.0185 / 293.338)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0671
=ROA %*Equity Multiplier
=N/A %*1.0671
=-21.26 %

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
=-62.368/293.338
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-62.368 / -62.368) * (-62.368 / -58.24) * (-58.24 / 0) * (0 / 313.0185) * (313.0185 / 293.338)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0709 * N/A % * 0 * 1.0671
=-21.26 %

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.


Hyliion Holdings ROE % Related Terms

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


Hyliion Holdings (Hyliion Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1202 BMC Drive, Suite 100, Cedar Park, TX, USA, 78613
Hyliion Holdings Corp is a provider of electrified solutions for the commercial vehicle industry as well as other industries. The company focuses on reducing the carbon intensity and greenhouse gas emissions of the transportation sector by providing electrified powertrain solutions for Class 8 commercial vehicles at the lowest total cost of ownership. It is currently developing two powertrain systems: Hybrid system and Hypertruck ERX system.
Executives
Knight Robert M Jr director UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
Cheri Lantz officer: CHIEF STRATEGY OFFICER C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Thomas J. Healy director, 10 percent owner, officer: Chief Executive Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Dennis M. Gallagher officer: Chief Operating Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Jeffrey A Craig director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Vincent T. Cubbage director 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
Jon Panzer officer: Chief Financial Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Card Andrew H Jr director 5747 N 4TH STREET, ARLINGTON VA 22205
Melanie Montague Trent director 2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
Rodger L Boehm director 165 WESTVIEW ROAD, WINNETKA IL 60093
Richard Joseph Freeland director 927 JUNCO DRIVE, COLUMBUS IN 47201
Jose Miguel Oxholm officer: VP, General Counsel and CCO C/O HYLIION HOLDINGS CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Patrick Sexton officer: Chief Technology Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Edward E Olkkola director 300 WEST SIXTH STREET STE.2300, AUSTIN TX 78701
Sherri Baker director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275