GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » FelCor Lodging Trust Inc (NYSE:FCH) » Definitions » ROE %

FelCor Lodging Trust (FelCor Lodging Trust) ROE % : -5.65% (As of Jun. 2017)


View and export this data going back to 1994. Start your Free Trial

What is FelCor Lodging Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. FelCor Lodging Trust's annualized net income for the quarter that ended in Jun. 2017 was $-7.0 Mil. FelCor Lodging Trust's average Total Stockholders Equity over the quarter that ended in Jun. 2017 was $124.6 Mil. Therefore, FelCor Lodging Trust's annualized ROE % for the quarter that ended in Jun. 2017 was -5.65%.

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

FCH's ROE % is not ranked *
in the REITs industry.
Industry Median: 4.195
* Ranked among companies with meaningful ROE % only.

FelCor Lodging Trust ROE % Historical Data

The historical data trend for FelCor Lodging 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.

FelCor Lodging Trust ROE % Chart

FelCor Lodging Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.77 -17.94 31.01 -3.15 1.58

FelCor Lodging Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 24.42 -9.85 0.27 -91.68 -5.65

Competitive Comparison of FelCor Lodging Trust's ROE %

For the REIT - Hotel & Motel subindustry, FelCor Lodging 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.


FelCor Lodging Trust's ROE % Distribution in the REITs Industry

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

* The bar in red indicates where FelCor Lodging Trust's ROE % falls into.



FelCor Lodging Trust ROE % Calculation

FelCor Lodging Trust's annualized ROE % for the fiscal year that ended in Dec. 2016 is calculated as

ROE %=Net Income (A: Dec. 2016 )/( (Total Stockholders Equity (A: Dec. 2015 )+Total Stockholders Equity (A: Dec. 2016 ))/ count )
=3.498/( (260.153+181.297)/ 2 )
=3.498/220.725
=1.58 %

FelCor Lodging Trust's annualized ROE % for the quarter that ended in Jun. 2017 is calculated as

ROE %=Net Income (Q: Jun. 2017 )/( (Total Stockholders Equity (Q: Mar. 2017 )+Total Stockholders Equity (Q: Jun. 2017 ))/ count )
=-7.036/( (132.055+117.082)/ 2 )
=-7.036/124.5685
=-5.65 %

* 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 (Jun. 2017) net income data. ROE % is displayed in the 30-year financial page.


FelCor Lodging Trust  (NYSE:FCH) 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: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-7.036/124.5685
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.036 / 881.76)*(881.76 / 1682.0965)*(1682.0965 / 124.5685)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.8 %*0.5242*13.5034
=ROA %*Equity Multiplier
=-0.42 %*13.5034
=-5.65 %

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: Jun. 2017 )
=Net Income/Total Stockholders Equity
=-7.036/124.5685
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-7.036 / -3) * (-3 / 71.672) * (71.672 / 881.76) * (881.76 / 1682.0965) * (1682.0965 / 124.5685)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.3453 * -0.0419 * 8.13 % * 0.5242 * 13.5034
=-5.65 %

Note: The net income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


FelCor Lodging Trust ROE % Related Terms

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


FelCor Lodging Trust (FelCor Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director, officer: CEO 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Thomas C Hendrick officer: EVP, Chief Investment Officer 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Troy A Pentecost officer: President, COO 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Lutz Robert H Jr director
Corcoran Thomas J Jr director, officer: Chairman 545 E JOHN CARPENTER, STE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Ledsinger Charles A Jr director 545 E JOHN CARPENTER FRWY #1300, IRVING TX 75062
Jonathan H Yellen officer: EVP, GC & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219

FelCor Lodging Trust (FelCor Lodging Trust) Headlines

From GuruFocus

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 29,046 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 8,505 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 9,631 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 19,895 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 18,941 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 6,279 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 13,042 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 14,690 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 44,305 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010