デュポン分析: ROE、ROA、純利益率の内訳
四半期データ
ROEを2つのコンポーネントに分解
Norfolk Southern Corp.、 ROE の分解(四半期データ)
|
|
|
|
|
|
|
ROE |
= |
ROA |
× |
財務レバレッジ比率 |
2022/03/31 |
22.55% |
= |
7.71% |
× |
2.92 |
2021/12/31 |
22.03% |
= |
7.81% |
× |
2.82 |
2021/09/30 |
21.00% |
= |
7.55% |
× |
2.78 |
2021/06/30 |
19.08% |
= |
7.05% |
× |
2.71 |
2021/03/31 |
15.74% |
= |
6.08% |
× |
2.59 |
2020/12/31 |
13.61% |
= |
5.30% |
× |
2.57 |
2020/09/30 |
13.44% |
= |
5.26% |
× |
2.56 |
2020/06/30 |
14.10% |
= |
5.52% |
× |
2.55 |
2020/03/31 |
16.30% |
= |
6.48% |
× |
2.52 |
2019/12/31 |
17.93% |
= |
7.18% |
× |
2.50 |
2019/09/30 |
18.10% |
= |
7.35% |
× |
2.46 |
2019/06/30 |
18.31% |
= |
7.54% |
× |
2.43 |
2019/03/31 |
18.20% |
= |
7.53% |
× |
2.42 |
2018/12/31 |
17.35% |
= |
7.36% |
× |
2.36 |
2018/09/30 |
38.32% |
= |
16.33% |
× |
2.35 |
2018/06/30 |
34.64% |
= |
16.03% |
× |
2.16 |
2018/03/31 |
33.64% |
= |
15.27% |
× |
2.20 |
2017/12/31 |
33.03% |
= |
15.13% |
× |
2.18 |
2017/09/30 |
— |
= |
— |
× |
2.76 |
2017/06/30 |
— |
= |
— |
× |
2.76 |
2017/03/31 |
— |
= |
— |
× |
2.81 |
レポートに基づく:
10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).
2022年第1 四半期に株主資本利益率(ROE)が上昇した主な理由は、財務レバレッジ比率の上昇です。
ROEを3つの要素に分解
Norfolk Southern Corp.、 ROE の分解(四半期データ)
|
|
|
|
|
|
|
|
|
ROE |
= |
純利益率 |
× |
資産回転率 |
× |
財務レバレッジ比率 |
2022/03/31 |
22.55% |
= |
26.58% |
× |
0.29 |
× |
2.92 |
2021/12/31 |
22.03% |
= |
26.97% |
× |
0.29 |
× |
2.82 |
2021/09/30 |
21.00% |
= |
26.84% |
× |
0.28 |
× |
2.78 |
2021/06/30 |
19.08% |
= |
25.98% |
× |
0.27 |
× |
2.71 |
2021/03/31 |
15.74% |
= |
23.51% |
× |
0.26 |
× |
2.59 |
2020/12/31 |
13.61% |
= |
20.56% |
× |
0.26 |
× |
2.57 |
2020/09/30 |
13.44% |
= |
20.27% |
× |
0.26 |
× |
2.56 |
2020/06/30 |
14.10% |
= |
20.47% |
× |
0.27 |
× |
2.55 |
2020/03/31 |
16.30% |
= |
21.89% |
× |
0.30 |
× |
2.52 |
2019/12/31 |
17.93% |
= |
24.10% |
× |
0.30 |
× |
2.50 |
2019/09/30 |
18.10% |
= |
23.98% |
× |
0.31 |
× |
2.46 |
2019/06/30 |
18.31% |
= |
24.15% |
× |
0.31 |
× |
2.43 |
2019/03/31 |
18.20% |
= |
24.10% |
× |
0.31 |
× |
2.42 |
2018/12/31 |
17.35% |
= |
23.27% |
× |
0.32 |
× |
2.36 |
2018/09/30 |
38.32% |
= |
52.82% |
× |
0.31 |
× |
2.35 |
2018/06/30 |
34.64% |
= |
52.36% |
× |
0.31 |
× |
2.16 |
2018/03/31 |
33.64% |
= |
51.65% |
× |
0.30 |
× |
2.20 |
2017/12/31 |
33.03% |
= |
51.22% |
× |
0.30 |
× |
2.18 |
2017/09/30 |
— |
= |
— |
× |
— |
× |
2.76 |
2017/06/30 |
— |
= |
— |
× |
— |
× |
2.76 |
2017/03/31 |
— |
= |
— |
× |
— |
× |
2.81 |
レポートに基づく:
10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).
2022年第1 四半期に株主資本利益率(ROE)が上昇した主な理由は、財務レバレッジ比率の上昇です。
ROEを5つの要素に分解
Norfolk Southern Corp.、 ROE の分解(四半期データ)
|
|
|
|
|
|
|
|
|
|
|
|
|
ROE |
= |
税負担 |
× |
利息負担 |
× |
EBITマージン |
× |
資産回転率 |
× |
財務レバレッジ比率 |
2022/03/31 |
22.55% |
= |
0.77 |
× |
0.86 |
× |
40.13% |
× |
0.29 |
× |
2.92 |
2021/12/31 |
22.03% |
= |
0.77 |
× |
0.86 |
× |
40.60% |
× |
0.29 |
× |
2.82 |
2021/09/30 |
21.00% |
= |
0.78 |
× |
0.85 |
× |
40.51% |
× |
0.28 |
× |
2.78 |
2021/06/30 |
19.08% |
= |
0.78 |
× |
0.85 |
× |
39.27% |
× |
0.27 |
× |
2.71 |
2021/03/31 |
15.74% |
= |
0.78 |
× |
0.83 |
× |
36.59% |
× |
0.26 |
× |
2.59 |
2020/12/31 |
13.61% |
= |
0.80 |
× |
0.80 |
× |
32.23% |
× |
0.26 |
× |
2.57 |
2020/09/30 |
13.44% |
= |
0.81 |
× |
0.80 |
× |
31.37% |
× |
0.26 |
× |
2.56 |
2020/06/30 |
14.10% |
= |
0.80 |
× |
0.81 |
× |
31.71% |
× |
0.27 |
× |
2.55 |
2020/03/31 |
16.30% |
= |
0.79 |
× |
0.83 |
× |
33.16% |
× |
0.30 |
× |
2.52 |
2019/12/31 |
17.93% |
= |
0.78 |
× |
0.85 |
× |
36.25% |
× |
0.30 |
× |
2.50 |
2019/09/30 |
18.10% |
= |
0.77 |
× |
0.86 |
× |
36.45% |
× |
0.31 |
× |
2.46 |
2019/06/30 |
18.31% |
= |
0.77 |
× |
0.86 |
× |
36.40% |
× |
0.31 |
× |
2.43 |
2019/03/31 |
18.20% |
= |
0.77 |
× |
0.86 |
× |
36.21% |
× |
0.31 |
× |
2.42 |
2018/12/31 |
17.35% |
= |
0.77 |
× |
0.86 |
× |
35.14% |
× |
0.32 |
× |
2.36 |
2018/09/30 |
38.32% |
= |
1.73 |
× |
0.86 |
× |
35.39% |
× |
0.31 |
× |
2.35 |
2018/06/30 |
34.64% |
= |
1.73 |
× |
0.86 |
× |
35.23% |
× |
0.31 |
× |
2.16 |
2018/03/31 |
33.64% |
= |
1.74 |
× |
0.85 |
× |
34.83% |
× |
0.30 |
× |
2.20 |
2017/12/31 |
33.03% |
= |
1.73 |
× |
0.85 |
× |
34.86% |
× |
0.30 |
× |
2.18 |
2017/09/30 |
— |
= |
— |
× |
— |
× |
— |
× |
— |
× |
2.76 |
2017/06/30 |
— |
= |
— |
× |
— |
× |
— |
× |
— |
× |
2.76 |
2017/03/31 |
— |
= |
— |
× |
— |
× |
— |
× |
— |
× |
2.81 |
レポートに基づく:
10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).
2022年第1 四半期に株主資本利益率(ROE)が上昇した主な理由は、財務レバレッジ比率の上昇です。
ROAを2つのコンポーネントに分解
Norfolk Southern Corp.、 ROA の分解(四半期データ)
|
|
|
|
|
|
|
ROA |
= |
純利益率 |
× |
資産回転率 |
2022/03/31 |
7.71% |
= |
26.58% |
× |
0.29 |
2021/12/31 |
7.81% |
= |
26.97% |
× |
0.29 |
2021/09/30 |
7.55% |
= |
26.84% |
× |
0.28 |
2021/06/30 |
7.05% |
= |
25.98% |
× |
0.27 |
2021/03/31 |
6.08% |
= |
23.51% |
× |
0.26 |
2020/12/31 |
5.30% |
= |
20.56% |
× |
0.26 |
2020/09/30 |
5.26% |
= |
20.27% |
× |
0.26 |
2020/06/30 |
5.52% |
= |
20.47% |
× |
0.27 |
2020/03/31 |
6.48% |
= |
21.89% |
× |
0.30 |
2019/12/31 |
7.18% |
= |
24.10% |
× |
0.30 |
2019/09/30 |
7.35% |
= |
23.98% |
× |
0.31 |
2019/06/30 |
7.54% |
= |
24.15% |
× |
0.31 |
2019/03/31 |
7.53% |
= |
24.10% |
× |
0.31 |
2018/12/31 |
7.36% |
= |
23.27% |
× |
0.32 |
2018/09/30 |
16.33% |
= |
52.82% |
× |
0.31 |
2018/06/30 |
16.03% |
= |
52.36% |
× |
0.31 |
2018/03/31 |
15.27% |
= |
51.65% |
× |
0.30 |
2017/12/31 |
15.13% |
= |
51.22% |
× |
0.30 |
2017/09/30 |
— |
= |
— |
× |
— |
2017/06/30 |
— |
= |
— |
× |
— |
2017/03/31 |
— |
= |
— |
× |
— |
レポートに基づく:
10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).
2022年第1 四半期の総資産利益率(ROA)の低下の主な理由は、純利益率で測定した収益性の低下です。
ROAを4つの要素に分解
Norfolk Southern Corp.、 ROA の分解(四半期データ)
|
|
|
|
|
|
|
|
|
|
|
ROA |
= |
税負担 |
× |
利息負担 |
× |
EBITマージン |
× |
資産回転率 |
2022/03/31 |
7.71% |
= |
0.77 |
× |
0.86 |
× |
40.13% |
× |
0.29 |
2021/12/31 |
7.81% |
= |
0.77 |
× |
0.86 |
× |
40.60% |
× |
0.29 |
2021/09/30 |
7.55% |
= |
0.78 |
× |
0.85 |
× |
40.51% |
× |
0.28 |
2021/06/30 |
7.05% |
= |
0.78 |
× |
0.85 |
× |
39.27% |
× |
0.27 |
2021/03/31 |
6.08% |
= |
0.78 |
× |
0.83 |
× |
36.59% |
× |
0.26 |
2020/12/31 |
5.30% |
= |
0.80 |
× |
0.80 |
× |
32.23% |
× |
0.26 |
2020/09/30 |
5.26% |
= |
0.81 |
× |
0.80 |
× |
31.37% |
× |
0.26 |
2020/06/30 |
5.52% |
= |
0.80 |
× |
0.81 |
× |
31.71% |
× |
0.27 |
2020/03/31 |
6.48% |
= |
0.79 |
× |
0.83 |
× |
33.16% |
× |
0.30 |
2019/12/31 |
7.18% |
= |
0.78 |
× |
0.85 |
× |
36.25% |
× |
0.30 |
2019/09/30 |
7.35% |
= |
0.77 |
× |
0.86 |
× |
36.45% |
× |
0.31 |
2019/06/30 |
7.54% |
= |
0.77 |
× |
0.86 |
× |
36.40% |
× |
0.31 |
2019/03/31 |
7.53% |
= |
0.77 |
× |
0.86 |
× |
36.21% |
× |
0.31 |
2018/12/31 |
7.36% |
= |
0.77 |
× |
0.86 |
× |
35.14% |
× |
0.32 |
2018/09/30 |
16.33% |
= |
1.73 |
× |
0.86 |
× |
35.39% |
× |
0.31 |
2018/06/30 |
16.03% |
= |
1.73 |
× |
0.86 |
× |
35.23% |
× |
0.31 |
2018/03/31 |
15.27% |
= |
1.74 |
× |
0.85 |
× |
34.83% |
× |
0.30 |
2017/12/31 |
15.13% |
= |
1.73 |
× |
0.85 |
× |
34.86% |
× |
0.30 |
2017/09/30 |
— |
= |
— |
× |
— |
× |
— |
× |
— |
2017/06/30 |
— |
= |
— |
× |
— |
× |
— |
× |
— |
2017/03/31 |
— |
= |
— |
× |
— |
× |
— |
× |
— |
レポートに基づく:
10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).
2022年第1 四半期の総資産利益率(ROA)の低下の主な理由は、EBITマージン率で測定した営業収益性の低下です。
純利益率の分解
Norfolk Southern Corp.、純利益率の分解(四半期データ)
|
|
|
|
|
|
|
|
|
純利益率 |
= |
税負担 |
× |
利息負担 |
× |
EBITマージン |
2022/03/31 |
26.58% |
= |
0.77 |
× |
0.86 |
× |
40.13% |
2021/12/31 |
26.97% |
= |
0.77 |
× |
0.86 |
× |
40.60% |
2021/09/30 |
26.84% |
= |
0.78 |
× |
0.85 |
× |
40.51% |
2021/06/30 |
25.98% |
= |
0.78 |
× |
0.85 |
× |
39.27% |
2021/03/31 |
23.51% |
= |
0.78 |
× |
0.83 |
× |
36.59% |
2020/12/31 |
20.56% |
= |
0.80 |
× |
0.80 |
× |
32.23% |
2020/09/30 |
20.27% |
= |
0.81 |
× |
0.80 |
× |
31.37% |
2020/06/30 |
20.47% |
= |
0.80 |
× |
0.81 |
× |
31.71% |
2020/03/31 |
21.89% |
= |
0.79 |
× |
0.83 |
× |
33.16% |
2019/12/31 |
24.10% |
= |
0.78 |
× |
0.85 |
× |
36.25% |
2019/09/30 |
23.98% |
= |
0.77 |
× |
0.86 |
× |
36.45% |
2019/06/30 |
24.15% |
= |
0.77 |
× |
0.86 |
× |
36.40% |
2019/03/31 |
24.10% |
= |
0.77 |
× |
0.86 |
× |
36.21% |
2018/12/31 |
23.27% |
= |
0.77 |
× |
0.86 |
× |
35.14% |
2018/09/30 |
52.82% |
= |
1.73 |
× |
0.86 |
× |
35.39% |
2018/06/30 |
52.36% |
= |
1.73 |
× |
0.86 |
× |
35.23% |
2018/03/31 |
51.65% |
= |
1.74 |
× |
0.85 |
× |
34.83% |
2017/12/31 |
51.22% |
= |
1.73 |
× |
0.85 |
× |
34.86% |
2017/09/30 |
— |
= |
— |
× |
— |
× |
— |
2017/06/30 |
— |
= |
— |
× |
— |
× |
— |
2017/03/31 |
— |
= |
— |
× |
— |
× |
— |
レポートに基づく:
10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31).
2022年第1 四半期の純利益率の低下の主な理由は、EBIT利益率で測定した営業収益性の低下です。