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Columbia Property Trust (Columbia Property Trust) ROE % : -1.59% (As of Sep. 2021)


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What is Columbia Property Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Columbia Property Trust's annualized net income for the quarter that ended in Sep. 2021 was $-40.6 Mil. Columbia Property Trust's average Total Stockholders Equity over the quarter that ended in Sep. 2021 was $2,549.8 Mil. Therefore, Columbia Property Trust's annualized ROE % for the quarter that ended in Sep. 2021 was -1.59%.

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

CXP' s ROE % Range Over the Past 10 Years
Min: 0.34   Med: 1.63   Max: 6.98
Current: 3.25

During the past 12 years, Columbia Property Trust's highest ROE % was 6.98%. The lowest was 0.34%. And the median was 1.63%.

CXP's ROE % is not ranked
in the REITs industry.
Industry Median: 4.33 vs CXP: 3.25

Columbia Property Trust ROE % Historical Data

The historical data trend for Columbia Property 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.

Columbia Property Trust ROE % Chart

Columbia Property Trust Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 6.99 0.36 0.34 4.42

Columbia Property Trust Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.85 15.41 0.07 -0.91 -1.59

Competitive Comparison of Columbia Property Trust's ROE %

For the REIT - Office subindustry, Columbia Property 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.


Columbia Property Trust's ROE % Distribution in the REITs Industry

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

* The bar in red indicates where Columbia Property Trust's ROE % falls into.



Columbia Property Trust ROE % Calculation

Columbia Property Trust's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=115.71/( (2623.14+2609.249)/ 2 )
=115.71/2616.1945
=4.42 %

Columbia Property Trust's annualized ROE % for the quarter that ended in Sep. 2021 is calculated as

ROE %=Net Income (Q: Sep. 2021 )/( (Total Stockholders Equity (Q: Jun. 2021 )+Total Stockholders Equity (Q: Sep. 2021 ))/ count )
=-40.612/( (2564.958+2534.692)/ 2 )
=-40.612/2549.825
=-1.59 %

* 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 (Sep. 2021) net income data. ROE % is displayed in the 30-year financial page.


Columbia Property Trust  (NYSE:CXP) 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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=-40.612/2549.825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-40.612 / 252.984)*(252.984 / 4049.816)*(4049.816 / 2549.825)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.05 %*0.0625*1.5883
=ROA %*Equity Multiplier
=-1 %*1.5883
=-1.59 %

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: Sep. 2021 )
=Net Income/Total Stockholders Equity
=-40.612/2549.825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-40.612 / -17.724) * (-17.724 / 16.28) * (16.28 / 252.984) * (252.984 / 4049.816) * (4049.816 / 2549.825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.2914 * -1.0887 * 6.44 % * 0.0625 * 1.5883
=-1.59 %

Note: The net income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


Columbia Property Trust ROE % Related Terms

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


Columbia Property Trust (Columbia Property Trust) Business Description

Traded in Other Exchanges
N/A
Address
315 Park Avenue South, New York, NY, USA, 10010
Columbia Property Trust Inc is a real estate investment trust engaged in acquiring, developing, and leasing office properties in large metropolitan areas throughout the United States. In terms of total square footage, the company's real estate portfolio is primarily composed of offices in San Francisco, Atlanta, New York City, Cleveland, and Houston. Columbia Property also derives most of its total revenue in the form of rental income from these same cities. The company's largest office tenants are legal services firms, business services companies, depository institutions, and securities and commodities brokers. These industries contribute the majority of Columbia's total rent revenue.
Executives
Thomas G Wattles director ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Wentworth Francis X. Jr. director 315 PARK AVENUE SOUTH NEW YORK NY 10010
Michael S. Robb director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Murray J. Mccabe director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
John L. Dixon director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Carmen M Bowser director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
David Henry director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
E Nelson Mills director, officer: President & CEO 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Kevin A. Hoover officer: EVP Portfolio Management 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Jeffrey K. Gronning officer: Chief Investment Officer 315 PARK AVENUE SOUTH NEW YORK NY 10010
James A Fleming officer: EVP, Chief Financial Officer 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
Wendy W Gill officer: SVP, Corp Ops & CAO 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
George W Sands director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
David S Dowdney officer: SVP, Head of Leasing 1170 PEACHTREE STREET NE SUITE 600 ATLANTA GA 30309

Columbia Property Trust (Columbia Property Trust) Headlines