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Physicians Realty Trust (Physicians Realty Trust) ROE % : 0.97% (As of Dec. 2023)


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What is Physicians Realty Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Physicians Realty Trust's annualized net income for the quarter that ended in Dec. 2023 was $27.2 Mil. Physicians Realty Trust's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2,792.9 Mil. Therefore, Physicians Realty Trust's annualized ROE % for the quarter that ended in Dec. 2023 was 0.97%.

The historical rank and industry rank for Physicians Realty Trust's ROE % or its related term are showing as below:

DOC' s ROE % Range Over the Past 10 Years
Min: -1.12   Med: 2.28   Max: 3.78
Current: 1.47

During the past 13 years, Physicians Realty Trust's highest ROE % was 3.78%. The lowest was -1.12%. And the median was 2.28%.

DOC's ROE % is not ranked
in the REITs industry.
Industry Median: 4.21 vs DOC: 1.47

Physicians Realty Trust ROE % Historical Data

The historical data trend for Physicians Realty Trust's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Physicians Realty Trust ROE % Chart

Physicians Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 2.62 3.07 3.66 1.49

Physicians Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.61 1.42 1.75 1.74 0.97

Competitive Comparison of Physicians Realty Trust's ROE %

For the REIT - Healthcare Facilities subindustry, Physicians Realty Trust's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Physicians Realty Trust's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Physicians Realty Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Physicians Realty Trust's ROE % falls into.



Physicians Realty Trust ROE % Calculation

Physicians Realty Trust's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=41.876/( (2869.72+2763.527)/ 2 )
=41.876/2816.6235
=1.49 %

Physicians Realty Trust's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=27.18/( (2822.277+2763.527)/ 2 )
=27.18/2792.902
=0.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Physicians Realty Trust  (NYSE:DOC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=27.18/2792.902
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.18 / 541.888)*(541.888 / 5184.044)*(5184.044 / 2792.902)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.02 %*0.1045*1.8561
=ROA %*Equity Multiplier
=0.52 %*1.8561
=0.97 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=27.18/2792.902
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (27.18 / 28.488) * (28.488 / 142.984) * (142.984 / 541.888) * (541.888 / 5184.044) * (5184.044 / 2792.902)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9541 * 0.1992 * 26.39 % * 0.1045 * 1.8561
=0.97 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Physicians Realty Trust ROE % Related Terms

Thank you for viewing the detailed overview of Physicians Realty Trust's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Physicians Realty Trust (Physicians Realty Trust) Business Description

Traded in Other Exchanges
Address
309 North Water Street, Suite 500, Milwaukee, WI, USA, 53202
Physicians Realty Trust is a company belonging to the United States healthcare sector. It acquires, develops, and leases healthcare properties to physicians, hospitals, and healthcare delivery systems. Its portfolio includes medical office buildings, outpatient treatment and diagnostic facilities, physician group practice clinics, ambulatory surgery centres, and specialty hospitals. The company also alternatively invests in life science facilities, senior housing properties, skilled nursing facilities, and treatment centers.
Executives
Laurie P Becker officer: SVP-Controller 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Albert Jr Black director 3333 LEE PARKWAY STE 100, DALLAS TX 75219
Tommy G Thompson director 7711 CARONDELET, ST. LOUIS MO 63105
John T Thomas director, officer: President and CEO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Bradley D. Page officer: Senior VP & General Counsel 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Pamela Shelley-kessler director 300 ESPLANADE DR #1860, OXNARD CA 93036
Richard A. Weiss director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
William Mark Dukes officer: SVP-Asset Management 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Ava Lias-booker director 309 N WATER STREET, SUITE 500, MILWAUKEE WI 53202
Amy M Hall officer: SVP-Leasing&Physician Strategy 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Daniel M Klein officer: Senior VP-Deputy CIO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Jeffrey Theiler officer: Executive Vice President & CFO 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Stanton D. Anderson director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
John W. Lucey officer: Senior Vice President 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Mark D. Theine officer: Senior VP of Asset/Investmets 250 E. WISCONSIN AVENUE, SUITE 1900, MILWAUKEE WI 53202