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Broadmark Realty Capital (Broadmark Realty Capital) ROE % : 1.97% (As of Mar. 2023)


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What is Broadmark Realty Capital ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Broadmark Realty Capital's annualized net income for the quarter that ended in Mar. 2023 was $18.2 Mil. Broadmark Realty Capital's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was $923.8 Mil. Therefore, Broadmark Realty Capital's annualized ROE % for the quarter that ended in Mar. 2023 was 1.97%.

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

BRMK' s ROE % Range Over the Past 10 Years
Min: -12.44   Med: 7.38   Max: 11.93
Current: -12.44

During the past 6 years, Broadmark Realty Capital's highest ROE % was 11.93%. The lowest was -12.44%. And the median was 7.38%.

BRMK's ROE % is not ranked
in the REITs industry.
Industry Median: 4.28 vs BRMK: -12.44

Broadmark Realty Capital ROE % Historical Data

The historical data trend for Broadmark Realty Capital'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.

Broadmark Realty Capital ROE % Chart

Broadmark Realty Capital Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial 11.93 - 7.65 7.10 -11.21

Broadmark Realty Capital Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 6.32 5.63 0.94 -60.24 1.97

Competitive Comparison of Broadmark Realty Capital's ROE %

For the REIT - Mortgage subindustry, Broadmark Realty Capital'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.


Broadmark Realty Capital's ROE % Distribution in the REITs Industry

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

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



Broadmark Realty Capital ROE % Calculation

Broadmark Realty Capital'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 )
=-116.391/( (1148.468+928.053)/ 2 )
=-116.391/1038.2605
=-11.21 %

Broadmark Realty Capital's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=18.224/( (928.053+919.524)/ 2 )
=18.224/923.7885
=1.97 %

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


Broadmark Realty Capital  (NYSE:BRMK) 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. 2023 )
=Net Income/Total Stockholders Equity
=18.224/923.7885
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.224 / 98.804)*(98.804 / 1045.4785)*(1045.4785 / 923.7885)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.44 %*0.0945*1.1317
=ROA %*Equity Multiplier
=1.74 %*1.1317
=1.97 %

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. 2023 )
=Net Income/Total Stockholders Equity
=18.224/923.7885
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (18.224 / 18.224) * (18.224 / 50.504) * (50.504 / 98.804) * (98.804 / 1045.4785) * (1045.4785 / 923.7885)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.3608 * 51.12 % * 0.0945 * 1.1317
=1.97 %

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


Broadmark Realty Capital ROE % Related Terms

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


Broadmark Realty Capital (Broadmark Realty Capital) Business Description

Traded in Other Exchanges
N/A
Address
1420 Fifth Avenue, Suite 2000, Seattle, WA, USA, 98101
Broadmark Realty Capital Inc is into underwriting, funding, servicing and managing a portfolio generally consisting of short-term, first deed of trust loans to fund the construction and development of, or investment in, residential or commercial properties. It is engaged in underwrites and services mortgage loans.
Executives
Jonathan Ray Hermes officer: Chief Financial Officer 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Brian Phillip Ward director, officer: Chief Executive Officer 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Pinkie Dent Mayfield director 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Daniel Hirsty officer: Chief Credit Officer BROADMARK REALTY CAPITAL INC., 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Kevin M Luebbers director 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Stephen G Haggerty director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Nevin Singh Boparai officer: Chief Legal Officer & Exec VP 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Daniel J. Hirsch director 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Linda Koa officer: Chief Operating Officer BROADMARK REALTY CAPITAL INC., 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
David Schneider officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
David A Karp director C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, NEW YORK NY 10120
Norma J. Lawrence director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Jeffrey B. Pyatt director, officer: Chief Executive Officer BROADMARK REALTY CAPITAL INC., 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101
Joseph L Schocken director 2800 UNION SQUARE, 600 UNIVERSITY STREET, SEATTLE WA 98101
Adam J. Fountain officer: Executive Vice President BROADMARK REALTY CAPITAL INC., 1420 FIFTH AVENUE, SUITE 2000, SEATTLE WA 98101

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