What is the equity of Monro this year?
Monro has equity of 656.78 M USD this year.
Monro Equity 2024
Monro Equity
656.78 M USD
Ticker
MNRO
ISIN
US6102361010
WKN
882462
In 2024, Monro's equity was 656.78 M USD, a -16.11% increase from the 782.9 M USD equity in the previous year.
Monro Aktienanalyse
What does Monro do?
Monro Inc is an American company specializing in the manufacturing and marketing of automotive parts and accessories. It was founded in 1957 and is headquartered in Rochester, New York. The company has become one of the industry's leading providers. Monro Inc's history began over 60 years ago when Charles August "Chuck" Augustus Monro opened his first Monroe Auto Supply Store in Rochester, New York. Over the years, the company expanded and opened branches in various parts of the United States. In 1977, the company was renamed Monro Muffler Brake Inc to reflect the broader range of products it offered. Through acquisitions and expansions, the company grew and was renamed Monro Inc in 2017. Monro Inc operates in two main business areas: vehicle servicing, repairs, and maintenance, as well as the sale of automotive parts and accessories. The service division includes services such as oil changes, tire changes, battery replacements, brake services, exhaust services, and inspections. The company owns and operates over 1200 stores in the USA, Canada, and Puerto Rico under various brand names such as Monro Auto Service and Tire Centers, Speedy Auto Service, Tread Quarters Discount Tire, and Mr. Tire Auto Service Centers. Monro Inc's sales segment includes a wide range of automotive parts and accessories, sold in the company's stores and online under the Parts Warehouse brand. The product range includes parts for brakes, steering, suspension, engines, fuel systems, air conditioning, and more. The company has also expanded its online business and sells its products on online marketplaces such as Amazon and eBay. Monro Inc has expanded its business through the acquisition of other companies and invests in the acquisition of companies that can bring it into new areas and markets. In 2017, the company acquired K&M Tire, one of the largest tire dealers in the USA. In 2019, the company acquired Boston-based McGee Tire Stores to further expand its business in Florida and New England. An example of a product in Monroe's catalog is the Monroe Shock Absorber. Monroe is a renowned manufacturer of shock absorbers, which play a crucial role in driving safety. Shock absorbers help keep the vehicle stable on the road and minimize the risk of accidents caused by road bumps, potholes, high speeds, or turns. Monroe shock absorbers are available in various models specifically tailored to the needs of certain vehicles. Monro Inc is an innovative company that continuously expands its business and enhances its portfolio with new products and services. The company is also committed to introducing new technologies that will transform the way vehicles are maintained and serviced. Monro boasts a strong management team focused on implementing a strategy that keeps the company on track for growth and success. In summary, Monro Inc is a leading provider of automotive parts and accessories, as well as repair and maintenance services. The company has a long history in the industry and strives to expand its business and remain innovative. With a wide range of products and services and a strong management team, the company will continue to evolve and fulfill the needs of its customers. Monro ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Monro's Equity
Monro's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Monro's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Monro's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Monro's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Monro’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Monro stock
What was the equity of Monro compared to the previous year?
The equity of Monro has increased/decreased by -16.11% decreased compared to the previous year.
What impact does a high equity have on investors of Monro?
A high equity is advantageous for investors of Monro as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Monro?
A low equity can be a risk for investors of Monro, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Monro affect the company?
An increase in equity of Monro can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Monro affect the company?
A reduction in equity of Monro can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Monro?
Some factors that can affect the equity of Monro include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Monro so important for investors?
The equity of Monro is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Monro take to change the equity?
To change equity, Monro can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Monro pay?
Over the past 12 months, Monro paid a dividend of 0.84 USD . This corresponds to a dividend yield of about 2.89 %. For the coming 12 months, Monro is expected to pay a dividend of 0.86 USD.
What is the dividend yield of Monro?
The current dividend yield of Monro is 2.89 %.
When does Monro pay dividends?
Monro pays a quarterly dividend. This is distributed in the months of January, April, July, September.
How secure is the dividend of Monro?
Monro paid dividends every year for the past 22 years.
What is the dividend of Monro?
For the upcoming 12 months, dividends amounting to 0.86 USD are expected. This corresponds to a dividend yield of 2.96 %.
In which sector is Monro located?
Monro is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Monro kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Monro from 9/10/2024 amounting to 0.28 USD, you needed to have the stock in your portfolio before the ex-date on 8/27/2024.
When did Monro pay the last dividend?
The last dividend was paid out on 9/10/2024.
What was the dividend of Monro in the year 2023?
In the year 2023, Monro distributed 1.12 USD as dividends.
In which currency does Monro pay out the dividend?
The dividends of Monro are distributed in USD.
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Andere Kennzahlen von Monro
Our stock analysis for Monro Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Monro Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
