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Intuitive Machines (Intuitive Machines) ROE % : 0.00% (As of Mar. 2024)


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What is Intuitive Machines ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Intuitive Machines's annualized net income for the quarter that ended in Mar. 2024 was $-393.35 Mil. Intuitive Machines's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $-378.47 Mil. Therefore, Intuitive Machines's annualized ROE % for the quarter that ended in Mar. 2024 was N/A%.

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

LUNR' s ROE % Range Over the Past 10 Years
Min: Negative Equity   Med: Negative Equity   Max: Negative Equity
Current: Negative Equity

During the past 4 years, Intuitive Machines's highest ROE % was Negative Equity%. The lowest was Negative Equity%. And the median was Negative Equity%.

LUNR's ROE % is ranked better than
99.66% of 297 companies
in the Aerospace & Defense industry
Industry Median: 6.01 vs LUNR: Negative Equity

Intuitive Machines ROE % Historical Data

The historical data trend for Intuitive Machines'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.

Intuitive Machines ROE % Chart

Intuitive Machines Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
- - - Negative Equity

Intuitive Machines Quarterly Data
Dec20 Jun21 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 - Negative Equity Negative Equity Negative Equity -

Competitive Comparison of Intuitive Machines's ROE %

For the Aerospace & Defense subindustry, Intuitive Machines'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.


Intuitive Machines's ROE % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Intuitive Machines's ROE % distribution charts can be found below:

* The bar in red indicates where Intuitive Machines's ROE % falls into.



Intuitive Machines ROE % Calculation

Intuitive Machines'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 )
=62.804/( (-57.619+-263.282)/ 2 )
=62.804/-160.4505
=Negative Equity %

Intuitive Machines'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 )
=-393.348/( (-263.282+-493.65)/ 2 )
=-393.348/-378.466
=N/A %

* 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.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Intuitive Machines  (NAS:LUNR) 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
=-393.348/-378.466
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-393.348 / 292.272)*(292.272 / 128.3395)*(128.3395 / -378.466)
=Net Margin %*Asset Turnover*Equity Multiplier
=-134.58 %*2.2773*N/A
=ROA %*Equity Multiplier
=-306.48 %*N/A
=N/A %

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
=-393.348/-378.466
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-393.348 / -482.624) * (-482.624 / -21.6) * (-21.6 / 292.272) * (292.272 / 128.3395) * (128.3395 / -378.466)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.815 * 22.3437 * -7.39 % * 2.2773 * N/A
=N/A %

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.


Intuitive Machines ROE % Related Terms

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


Intuitive Machines (Intuitive Machines) Business Description

Traded in Other Exchanges
N/A
Address
3700 Bay Area Boulevard, Sixth Floor, Suite 600, Houston, TX, USA, 77058
Intuitive Machines Inc is a space exploration, infrastructure, and services company. It is a diversified space company focused on space exploration. It supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Its products and services are offered through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure.
Executives
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Anna Chiara Jones officer: GC & Corporate Secretary C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Masson Robert L. Ii director 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Gm Enterprises, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Intuitive Machines Kg Parent, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Ghaffarian Enterprises, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Steven Vontur officer: Corporate Controller C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Liquori William John Jr director C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Kamal Seyed Ghaffarian director, 10 percent owner, officer: Executive Chairman C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Stephen J Altemus director, 10 percent owner, officer: Chief Executive Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Sallee Erik Robinson Worley officer: Chief Financial Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Crain Timothy Price Ii 10 percent owner, officer: Chief Technology Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Hgc Investment Management Inc. 10 percent owner 1073 YONGE ST, 2ND FLOOR, TORONTO A6 M4W 2L2
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Erin Clift director C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022