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Greystone Housing Impact Investors LP (Greystone Housing Impact Investors LP) ROE % : 7.67% (As of Dec. 2023)


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What is Greystone Housing Impact Investors LP ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Greystone Housing Impact Investors LP's annualized net income for the quarter that ended in Dec. 2023 was $24.82 Mil. Greystone Housing Impact Investors LP's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $323.34 Mil. Therefore, Greystone Housing Impact Investors LP's annualized ROE % for the quarter that ended in Dec. 2023 was 7.67%.

The historical rank and industry rank for Greystone Housing Impact Investors LP's ROE % or its related term are showing as below:

GHI' s ROE % Range Over the Past 10 Years
Min: 2.05   Med: 9.87   Max: 18.83
Current: 16.28

During the past 13 years, Greystone Housing Impact Investors LP's highest ROE % was 18.83%. The lowest was 2.05%. And the median was 9.87%.

GHI's ROE % is ranked better than
82.8% of 1459 companies
in the Banks industry
Industry Median: 9.88 vs GHI: 16.28

Greystone Housing Impact Investors LP ROE % Historical Data

The historical data trend for Greystone Housing Impact Investors LP'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.

Greystone Housing Impact Investors LP ROE % Chart

Greystone Housing Impact Investors LP 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 9.43 2.05 10.41 18.83 16.04

Greystone Housing Impact Investors LP 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 4.00 20.11 24.74 12.13 7.67

Competitive Comparison of Greystone Housing Impact Investors LP's ROE %

For the Mortgage Finance subindustry, Greystone Housing Impact Investors LP'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.


Greystone Housing Impact Investors LP's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Greystone Housing Impact Investors LP's ROE % distribution charts can be found below:

* The bar in red indicates where Greystone Housing Impact Investors LP's ROE % falls into.



Greystone Housing Impact Investors LP ROE % Calculation

Greystone Housing Impact Investors LP'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 )
=54.012/( (323.956+349.307)/ 2 )
=54.012/336.6315
=16.04 %

Greystone Housing Impact Investors LP'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 )
=24.816/( (297.377+349.307)/ 2 )
=24.816/323.342
=7.67 %

* 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.


Greystone Housing Impact Investors LP  (NYSE:GHI) 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
=24.816/323.342
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(24.816 / 46.048)*(46.048 / 1529.866)*(1529.866 / 323.342)
=Net Margin %*Asset Turnover*Equity Multiplier
=53.89 %*0.0301*4.7314
=ROA %*Equity Multiplier
=1.62 %*4.7314
=7.67 %

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
=24.816/323.342
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (24.816 / 24.808) * (24.808 / 46.048) * (46.048 / 1529.866) * (1529.866 / 323.342)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.0003 * 53.87 % * 0.0301 * 4.7314
=7.67 %

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.


Greystone Housing Impact Investors LP ROE % Related Terms

Thank you for viewing the detailed overview of Greystone Housing Impact Investors LP's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Greystone Housing Impact Investors LP (Greystone Housing Impact Investors LP) Business Description

Traded in Other Exchanges
N/A
Address
14301 FNB Parkway, Suite 211, Omaha, NE, USA, 68154
Greystone Housing Impact Investors LP engaged in acquiring a portfolio of mortgage revenue bonds (MRBs) that are issued by state and local housing authorities to provide construction and/or permanent financing for affordable multifamily housing, seniors housing, and commercial properties. It has four reportable segments, namely Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments. It generates the majority of its revenue from the Affordable Multifamily MRB Investments segment.
Executives
Kenneth Rogozinski officer: Chief Investment Officer 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Robert Keith Jacobsen director 99 VIA LOS ALTOS, TIBURON CA 94920
Hafize Gaye Erkan director 727 FIFTH AVENUE, NEW YORK NY 10022
Deborah A Wilson director 14301 FNB PARKWAY, SUITE 211, OMAHA NE 68154
Stephen Rosenberg director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Jeffrey Baevsky director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Chad L Daffer officer: Chief Executive Officer 1004 FARNAM STREET, STE 400, OMAHA NE 68102
Jesse A. Coury officer: Interim CFO 14301 FNB PARKWAY, SUITE 211, OMAHA NE 68154
Curtis Pollock director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
William Mando director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Drew Fletcher director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Steven C Lilly director 1004 FARNAM STREET, SUITE 400, OMAHA NE 27511
Lisa Y Roskens officer: Chairman,President,CEOofGPofGP, other: Director of GP of GP
William S Carter director
George H Krauss director AMERICA FIRST COMPANIES, 2850 WOODMEN TOWER, OMAHA NE 68102

Greystone Housing Impact Investors LP (Greystone Housing Impact Investors LP) Headlines