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Industrial Logistics Properties Trust (Industrial Logistics Properties Trust) ROE % : -14.26% (As of Mar. 2024)


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What is Industrial Logistics Properties Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Industrial Logistics Properties Trust's annualized net income for the quarter that ended in Mar. 2024 was $-93.6 Mil. Industrial Logistics Properties Trust's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $656.6 Mil. Therefore, Industrial Logistics Properties Trust's annualized ROE % for the quarter that ended in Mar. 2024 was -14.26%.

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

ILPT' s ROE % Range Over the Past 10 Years
Min: -24.8   Med: 6.56   Max: 11.73
Current: -15.1

During the past 9 years, Industrial Logistics Properties Trust's highest ROE % was 11.73%. The lowest was -24.80%. And the median was 6.56%.

ILPT's ROE % is ranked worse than
93.32% of 794 companies
in the REITs industry
Industry Median: 4.305 vs ILPT: -15.10

Industrial Logistics Properties Trust ROE % Historical Data

The historical data trend for Industrial Logistics Properties 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.

Industrial Logistics Properties Trust ROE % Chart

Industrial Logistics Properties Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only 5.19 8.21 11.73 -24.80 -14.79

Industrial Logistics Properties Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -12.81 -13.75 -14.33 -18.06 -14.26

Competitive Comparison of Industrial Logistics Properties Trust's ROE %

For the REIT - Industrial subindustry, Industrial Logistics Properties 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.


Industrial Logistics Properties Trust's ROE % Distribution in the REITs Industry

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

* The bar in red indicates where Industrial Logistics Properties Trust's ROE % falls into.



Industrial Logistics Properties Trust ROE % Calculation

Industrial Logistics Properties 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 )
=-107.989/( (790.724+669.954)/ 2 )
=-107.989/730.339
=-14.79 %

Industrial Logistics Properties Trust's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-93.612/( (669.954+643.225)/ 2 )
=-93.612/656.5895
=-14.26 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Industrial Logistics Properties Trust  (NAS:ILPT) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-93.612/656.5895
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-93.612 / 448.94)*(448.94 / 5545.622)*(5545.622 / 656.5895)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.85 %*0.081*8.4461
=ROA %*Equity Multiplier
=-1.69 %*8.4461
=-14.26 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-93.612/656.5895
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-93.612 / -142.368) * (-142.368 / 139.144) * (139.144 / 448.94) * (448.94 / 5545.622) * (5545.622 / 656.5895)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6575 * -1.0232 * 30.99 % * 0.081 * 8.4461
=-14.26 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Industrial Logistics Properties Trust ROE % Related Terms

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Industrial Logistics Properties Trust (Industrial Logistics Properties Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two Newton Place, 255 Washington Street, Suite 300, Newton, MA, USA, 02458-1634
Industrial Logistics Properties Trust is a real estate investment trust. It owns and leases industrial and logistics properties throughout the United States. The company's investment portfolio includes industrial lands in Hawaii and industrial and logistics properties in other states. Rental revenue is earned from Hawaii Properties and Mainland Properties.
Executives
Tiffany R Sy officer: CFO and Treasurer TWO NEWTON PLACE, 225 WASHINGTON STREET SUITE 300, NEWTON MA 02458
Kevin C Phelan director 93 LOWELL ROAD, WELLESLEY MA 02481
Joseph Morea director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Lisa Harris Jones director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Brian E. Donley officer: CFO and Treasurer C/O THE RMR GROUP LLC,, TWO NEWTON PL., 255 WASHINGTON ST., NEWTON MA 02458
Matthew P. Jordan director C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
June S. Youngs director C/O THE RMR GROUP LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Yael Duffy officer: Vice President C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Laura A. Wilkin director CO INDUSTRIAL LOGISTICS PROPERTIES TRUST, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
John G. Murray director, officer: President and CEO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Barry M. Portnoy director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Adam D. Portnoy director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John C. Popeo officer: President and COO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Bruce M. Gans director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Select Income Reit 10 percent owner C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458