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Janus International Group (Janus International Group) ROE % : 28.57% (As of Dec. 2023)


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What is Janus International Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Janus International Group's annualized net income for the quarter that ended in Dec. 2023 was $143 Mil. Janus International Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $500 Mil. Therefore, Janus International Group's annualized ROE % for the quarter that ended in Dec. 2023 was 28.57%.

The historical rank and industry rank for Janus International Group's ROE % or its related term are showing as below:

JBI' s ROE % Range Over the Past 10 Years
Min: 21.41   Med: 31.9   Max: 40.35
Current: 30.53

During the past 4 years, Janus International Group's highest ROE % was 40.35%. The lowest was 21.41%. And the median was 31.90%.

JBI's ROE % is ranked better than
93.23% of 1626 companies
in the Construction industry
Industry Median: 6.71 vs JBI: 30.53

Janus International Group ROE % Historical Data

The historical data trend for Janus International Group'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.

Janus International Group ROE % Chart

Janus International Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
40.35 21.41 33.47 30.33

Janus International Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.70 26.69 34.95 32.07 28.57

Competitive Comparison of Janus International Group's ROE %

For the Building Products & Equipment subindustry, Janus International Group'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.


Janus International Group's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Janus International Group's ROE % distribution charts can be found below:

* The bar in red indicates where Janus International Group's ROE % falls into.



Janus International Group ROE % Calculation

Janus International Group'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 )
=135.7/( (375.3+519.6)/ 2 )
=135.7/447.45
=30.33 %

Janus International Group's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=142.8/( (480.1+519.6)/ 2 )
=142.8/499.85
=28.57 %

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


Janus International Group  (NYSE:JBI) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=142.8/499.85
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(142.8 / 1055.2)*(1055.2 / 1323.45)*(1323.45 / 499.85)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.53 %*0.7973*2.6477
=ROA %*Equity Multiplier
=10.79 %*2.6477
=28.57 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=142.8/499.85
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (142.8 / 196.4) * (196.4 / 255.6) * (255.6 / 1055.2) * (1055.2 / 1323.45) * (1323.45 / 499.85)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7271 * 0.7684 * 24.22 % * 0.7973 * 2.6477
=28.57 %

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


Janus International Group ROE % Related Terms

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


Janus International Group (Janus International Group) Business Description

Traded in Other Exchanges
N/A
Address
135 Janus International Boulevard, Temple, GA, USA, 30179
Janus International Group Inc is a manufacturer and supplier of turnkey solutions for self-storage, commercial, and industrial building Solutions. The company provides products that include roll-up and swing doors, hallway systems, relocatable storage MASS (Moveable Additional Storage Structures) units, and technologies for automating facility and door operation. The company focuses on two primary markets, providing building solutions to the self-storage industry and the broader commercial industrial market. It is operated through two geographic regions; Janus North America and Janus International.
Executives
Ramey Pierce Jackson director, officer: Chief Executive Officer C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Norman V Nettie officer: See Remarks C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Morgan Hodges officer: Executive Vice President C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Clearlake Capital Group, L.p. director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Behdad Eghbali director, 10 percent owner 233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
David Vanevenhoven officer: Chief Accounting Officer 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Elliot Housman Kahler officer: General Counsel 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Alessandro Araldi officer: See Remarks 135 JANUS INTERNATIONAL BLVD, TEMPLE GA 30179
Rebecca Castillo officer: See Remarks C/O JANUS INTERNATIONAL GROUP, INC., 135 JANUS INTERNATIONAL BLVD., TEMPLE GA 30179
Heather Harding director LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Anselm Wong officer: See Remarks 135 JANUS INTERNATIONAL BLVD., TEMPLE GA 30179
Roger Fradin director C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Brian Scott Cook director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Leonard Colin director 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Xavier A Gutierrez director 9550 FIRESTONE BOULEVARD, SUITE 105, DOWNEY CA 90241