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Financial Services

American Funds The New Economy Fund Class R-2E(RNNEX)

Fund

Live Price

Offline

$84.38

+2.27% today

1Y Change

+30.18%

Window

Jun 23, 2025 โ†’ Jun 12, 2026

Market Cap
$41.43B
Dividend Yield
9.6%
50-Day Avg
โ€”
Exchange
NASDAQ

Coverage: 245 bars ยท Jun 23, 2025 โ†’ Jun 12, 2026

Research Briefing

A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.

Decision context

Research Snapshot

American Funds The New Economy Fund Class R-2E (RNNEX) is a fund with a market cap of $41.43B and listed on NASDAQ. The fund last traded around $84.38 and up 30.2% across the available one-year price window (Jun 23, 2025 โ†’ Jun 12, 2026). Baseline metrics include a dividend yield of 9.6%. Valuation already assumes a fairly strong business story at price/sales 17.3. Stock Foundry combines RNNEX price history, analyst forecasts, news, related Financial Services peers on this page.

Benchmark Comparison

Normalized Performance vs SPY

Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.

1Y shared range

RNNEX

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Normalized return

SPY

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S&P 500

Excess Return

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Relative to SPY

RNNEX Max Drawdown

-17.66%

Trailing 1Y

SPY Max Drawdown

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Trailing 1Y

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Calendar-Year Returns

Uses the longest available daily history for RNNEX and SPY.

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Financial profile

American Funds The New Economy Fund Class R-2E (RNNEX)

Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.

FY Revenue

$1.8B

+1.5% YoY

FY Net Income

$140.0M

+39.8% YoY

Free Cash Flow

$144.5M

-45.2% YoY

Revenue Growth

+5.3%

EPS Growth

+34.6%

Gross Margin

47.9%

Net Margin

9.7%

Income statement

USD

Annual
Metric20232022202120202019
Revenue2.4B2.3B2.0B1.8B1.8B
Gross Profit1.2B1.1B1.0B795M793M
Operating Income304M254M262M174M174M
EBITDA383M329M311M222M218M
Net Income232M174M220M100M140M
EPS (Diluted)โ€”โ€”โ€”โ€”โ€”

Balance sheet

USD

Point-in-time
Metric20232022202120202019
Cash & Equivalents289M221M320M286M230M
Total Assets2.7B2.5B2.6B2.3B2.1B
Total Liabilities951M934M1.0B980M915M
Shareholder Equity1.8B1.6B1.5B1.3B1.2B
Total Debt43M59M64M53M55M
Net Debt-247M-162M-256M-233M-175M

Cash flow positioning

Latest Full Year

Operating Cash Flow

190M

-36.3% YoY

Capital Expenditures

45M

-31.9% YoY

Free Cash Flow

144M

-45.2% YoY

Key ratios

  • Gross Margin

    47.9%

  • Operating Margin

    12.7%

  • Net Margin

    9.7%

  • ROE

    13.8%

  • Debt / Equity

    0.02x

Next Step

Turn financials into a decision

Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.