.DuPont Analysis: Decomposition of ROE Quarterly Data
Difficulty: Beginner
Decomposing ROE involves expressing net income divided by shareholders' equity as the product of component ratios.
Two-Component Disaggregation of ROE
ConocoPhillips, decomposition of ROE (quarterly data)
| | | | |||
| ROE | = | ROA | × | Leverage | |
|---|---|---|---|---|---|
| Mar 31, 2018 | % | % | |||
| Dec 31, 2017 | % | % | |||
| Sep 30, 2017 | % | % | |||
| Jun 30, 2017 | % | % | |||
| Mar 31, 2017 | % | % | |||
| Dec 31, 2016 | % | % | |||
| Sep 30, 2016 | % | % | |||
| Jun 30, 2016 | % | % | |||
| Mar 31, 2016 | % | % | |||
| Dec 31, 2015 | % | % | |||
| Sep 30, 2015 | % | % | |||
| Jun 30, 2015 | % | % | |||
| Mar 31, 2015 | % | % | |||
| Dec 31, 2014 | % | % | |||
| Sep 30, 2014 | % | % | |||
| Jun 30, 2014 | % | % | |||
| Mar 31, 2014 | % | % | |||
| Dec 31, 2013 | % | % | |||
| Sep 30, 2013 | % | % | |||
| Jun 30, 2013 | % | % | |||
| Mar 31, 2013 | % | % |
Source: Based on data from ConocoPhillips Quarterly and Annual Reports
Three-Component Disaggregation of ROE
ConocoPhillips, decomposition of ROE (quarterly data)
| | | | | ||||
| ROE | = | Net Profit Margin | × | Asset Turnover | × | Leverage | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2018 | % | % | |||||
| Dec 31, 2017 | % | % | |||||
| Sep 30, 2017 | % | % | |||||
| Jun 30, 2017 | % | % | |||||
| Mar 31, 2017 | % | % | |||||
| Dec 31, 2016 | % | % | |||||
| Sep 30, 2016 | % | % | |||||
| Jun 30, 2016 | % | % | |||||
| Mar 31, 2016 | % | % | |||||
| Dec 31, 2015 | % | % | |||||
| Sep 30, 2015 | % | % | |||||
| Jun 30, 2015 | % | % | |||||
| Mar 31, 2015 | % | % | |||||
| Dec 31, 2014 | % | % | |||||
| Sep 30, 2014 | % | % | |||||
| Jun 30, 2014 | % | % | |||||
| Mar 31, 2014 | % | % | |||||
| Dec 31, 2013 | % | % | |||||
| Sep 30, 2013 | % | % | |||||
| Jun 30, 2013 | % | % | |||||
| Mar 31, 2013 | % | % |
Source: Based on data from ConocoPhillips Quarterly and Annual Reports
Five-Component Disaggregation of ROE
ConocoPhillips, decomposition of ROE (quarterly data)
| | | | | | | ||||||
| ROE | = | Tax Burden | × | Interest Burden | × | EBIT Margin | × | Asset Turnover | × | Leverage | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 31, 2018 | % | % | |||||||||
| Dec 31, 2017 | % | % | |||||||||
| Sep 30, 2017 | % | % | |||||||||
| Jun 30, 2017 | % | % | |||||||||
| Mar 31, 2017 | % | % | |||||||||
| Dec 31, 2016 | % | % | |||||||||
| Sep 30, 2016 | % | % | |||||||||
| Jun 30, 2016 | % | % | |||||||||
| Mar 31, 2016 | % | % | |||||||||
| Dec 31, 2015 | % | % | |||||||||
| Sep 30, 2015 | % | % | |||||||||
| Jun 30, 2015 | % | % | |||||||||
| Mar 31, 2015 | % | % | |||||||||
| Dec 31, 2014 | % | % | |||||||||
| Sep 30, 2014 | % | % | |||||||||
| Jun 30, 2014 | % | % | |||||||||
| Mar 31, 2014 | % | % | |||||||||
| Dec 31, 2013 | % | % | |||||||||
| Sep 30, 2013 | % | % | |||||||||
| Jun 30, 2013 | % | % | |||||||||
| Mar 31, 2013 | % | % |
Source: Based on data from ConocoPhillips Quarterly and Annual Reports
Two-Way Decomposition of ROA
ConocoPhillips, decomposition of ROA (quarterly data)
| | | | |||
| ROA | = | Net Profit Margin | × | Asset Turnover | |
|---|---|---|---|---|---|
| Mar 31, 2018 | % | % | |||
| Dec 31, 2017 | % | % | |||
| Sep 30, 2017 | % | % | |||
| Jun 30, 2017 | % | % | |||
| Mar 31, 2017 | % | % | |||
| Dec 31, 2016 | % | % | |||
| Sep 30, 2016 | % | % | |||
| Jun 30, 2016 | % | % | |||
| Mar 31, 2016 | % | % | |||
| Dec 31, 2015 | % | % | |||
| Sep 30, 2015 | % | % | |||
| Jun 30, 2015 | % | % | |||
| Mar 31, 2015 | % | % | |||
| Dec 31, 2014 | % | % | |||
| Sep 30, 2014 | % | % | |||
| Jun 30, 2014 | % | % | |||
| Mar 31, 2014 | % | % | |||
| Dec 31, 2013 | % | % | |||
| Sep 30, 2013 | % | % | |||
| Jun 30, 2013 | % | % | |||
| Mar 31, 2013 | % | % |
Source: Based on data from ConocoPhillips Quarterly and Annual Reports
Four-Way Decomposition of ROA
ConocoPhillips, decomposition of ROA (quarterly data)
| | | | | | |||||
| ROA | = | Tax Burden | × | Interest Burden | × | EBIT Margin | × | Asset Turnover | |
|---|---|---|---|---|---|---|---|---|---|
| Mar 31, 2018 | % | % | |||||||
| Dec 31, 2017 | % | % | |||||||
| Sep 30, 2017 | % | % | |||||||
| Jun 30, 2017 | % | % | |||||||
| Mar 31, 2017 | % | % | |||||||
| Dec 31, 2016 | % | % | |||||||
| Sep 30, 2016 | % | % | |||||||
| Jun 30, 2016 | % | % | |||||||
| Mar 31, 2016 | % | % | |||||||
| Dec 31, 2015 | % | % | |||||||
| Sep 30, 2015 | % | % | |||||||
| Jun 30, 2015 | % | % | |||||||
| Mar 31, 2015 | % | % | |||||||
| Dec 31, 2014 | % | % | |||||||
| Sep 30, 2014 | % | % | |||||||
| Jun 30, 2014 | % | % | |||||||
| Mar 31, 2014 | % | % | |||||||
| Dec 31, 2013 | % | % | |||||||
| Sep 30, 2013 | % | % | |||||||
| Jun 30, 2013 | % | % | |||||||
| Mar 31, 2013 | % | % |
Source: Based on data from ConocoPhillips Quarterly and Annual Reports
Decomposition of Net Profit Margin
ConocoPhillips, decomposition of Net Profit Margin (quarterly data)
| | | | | ||||
| Net Profit Margin | = | Tax Burden | × | Interest Burden | × | EBIT Margin | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2018 | % | % | |||||
| Dec 31, 2017 | % | % | |||||
| Sep 30, 2017 | % | % | |||||
| Jun 30, 2017 | % | % | |||||
| Mar 31, 2017 | % | % | |||||
| Dec 31, 2016 | % | % | |||||
| Sep 30, 2016 | % | % | |||||
| Jun 30, 2016 | % | % | |||||
| Mar 31, 2016 | % | % | |||||
| Dec 31, 2015 | % | % | |||||
| Sep 30, 2015 | % | % | |||||
| Jun 30, 2015 | % | % | |||||
| Mar 31, 2015 | % | % | |||||
| Dec 31, 2014 | % | % | |||||
| Sep 30, 2014 | % | % | |||||
| Jun 30, 2014 | % | % | |||||
| Mar 31, 2014 | % | % | |||||
| Dec 31, 2013 | % | % | |||||
| Sep 30, 2013 | % | % | |||||
| Jun 30, 2013 | % | % | |||||
| Mar 31, 2013 | % | % |
Source: Based on data from ConocoPhillips Quarterly and Annual Reports
