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RPT Realty (RPT Realty) ROE % : -2.66% (As of Sep. 2023)


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What is RPT Realty ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. RPT Realty's annualized net income for the quarter that ended in Sep. 2023 was $-24.7 Mil. RPT Realty's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $930.2 Mil. Therefore, RPT Realty's annualized ROE % for the quarter that ended in Sep. 2023 was -2.66%.

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

RPT' s ROE % Range Over the Past 10 Years
Min: -1.27   Med: 7.12   Max: 11.16
Current: 5.75

During the past 13 years, RPT Realty's highest ROE % was 11.16%. The lowest was -1.27%. And the median was 7.12%.

RPT's ROE % is not ranked
in the REITs industry.
Industry Median: 4.21 vs RPT: 5.75

RPT Realty ROE % Historical Data

The historical data trend for RPT Realty'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.

RPT Realty ROE % Chart

RPT Realty Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 11.16 -1.27 8.27 9.15

RPT Realty Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.83 25.22 0.53 0.01 -2.66

Competitive Comparison of RPT Realty's ROE %

For the REIT - Retail subindustry, RPT Realty'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.


RPT Realty's ROE % Distribution in the REITs Industry

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

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



RPT Realty ROE % Calculation

RPT Realty's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=84.05/( (876.944+960.513)/ 2 )
=84.05/918.7285
=9.15 %

RPT Realty's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-24.728/( (937.621+922.83)/ 2 )
=-24.728/930.2255
=-2.66 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


RPT Realty  (NYSE:RPT) 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. 2023 )
=Net Income/Total Stockholders Equity
=-24.728/930.2255
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-24.728 / 219.552)*(219.552 / 1914.9975)*(1914.9975 / 930.2255)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.26 %*0.1146*2.0586
=ROA %*Equity Multiplier
=-1.29 %*2.0586
=-2.66 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-24.728/930.2255
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-24.728 / -25.088) * (-25.088 / 34.54) * (34.54 / 219.552) * (219.552 / 1914.9975) * (1914.9975 / 930.2255)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9857 * -0.7263 * 15.73 % * 0.1146 * 2.0586
=-2.66 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


RPT Realty ROE % Related Terms

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


RPT Realty (RPT Realty) Business Description

Traded in Other Exchanges
N/A
Address
19 West 44th Street, Suite 1002, New York, NY, USA, 10036
RPT Realty is a self-managed real estate investment trust that invests in and manages retail properties. The company owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company's property portfolio consisted of 44 wholly-owned shopping centers, 13 shopping centers owned through its grocery-anchored joint venture, 48 retail properties owned through its net lease joint venture and one net lease retail property that was held for sale by the Company which together represent 15.0 million square feet of gross leasable area.
Executives
Raymond J. Merk officer: Chief Accounting Officer C/O RPT REALTY, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Heather Ohlberg officer: EXECUTIVE VICE PRESIDENT 19 W 44TH STREET, SUITE 1002, NEW YORK NY 10036
Michael Fitzmaurice officer: EVP and CFO C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY SUITE 300, FARMINGTON HILLS MI 48334
Timothy Collier officer: Executive VP-Leasing C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Laurie M Shahon director
Joanna T Lau director 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Arthur H Goldberg director 25 TIDEWAY, KIGS POINT NY 11024
David J Nettina director 1725 THE FAIRWAY, JENKINTOWN PA 19046
Richard L Federico director
Brian Harper director, officer: CEO and President C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Joel M Pashcow director 21 FIR DRIVE, GREAT NECK NY 11024
Dynavox Inc. officer: Principal Financial Officer 2100 WHARTON STREET, SUITE 400, PITTSBURGH PA 15203
Dawn Hendershot officer: Senior Vice President C/O RAMCO GERSHENSON PROPERTIES TRUST, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Dennis Earl Gershenson director, officer: President and CEO 31500 NORTHWESTERN HWY, SUITE 300, FARMINGTON HILLS MI 48334