A Closer Look At Driven Brands Holdings Inc.'s (NASDAQ:DRVN) Uninspiring ROE [Yahoo! Finance]
Driven Brands Holdings Inc. (DRVN)
Company Research
Source: Yahoo! Finance
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. We'll use ROE to examine Driven Brands Holdings Inc. ( NASDAQ:DRVN ), by way of a worked example. Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Check out our latest analysis for Driven Brands Holdings How Do You Calculate Return On Equity? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Driven Brands Holdings is: 0.7% = US$6.3m ÷ US$963m (Based on the trailing twelve months to September 2024). The 'return' is the income the business earned over the last year. Another way to think of that is that for every $1 worth of equity, the compan
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News
- Advance Auto Parts Appoints Michael Beland as Chief Accounting Officer [Yahoo! Finance]Yahoo! Finance
- Chatmeter Sees Rapid Adoption of Pulse AI Platform as Multi-Location Brands Seek Comprehensive Customer Intelligence [Yahoo! Finance]Yahoo! Finance
- Driven Brands to Participate in the Morgan Stanley Global Consumer & Retail ConferenceBusiness Wire
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Stifel Nicolaus from $20.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- We Think Driven Brands Holdings' (NASDAQ:DRVN) Profit Is Only A Baseline For What They Can Achieve [Yahoo! Finance]Yahoo! Finance
DRVN
Earnings
- 10/31/24 - Beat
DRVN
Sec Filings
- 12/12/24 - Form 8-K
- 11/20/24 - Form 8-K/A
- 11/12/24 - Form SCHEDULE
- DRVN's page on the SEC website