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Dupont Fabros Technology (Dupont Fabros Technology) ROE % : 14.83% (As of Jun. 2017)


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What is Dupont Fabros Technology ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dupont Fabros Technology's annualized net income for the quarter that ended in Jun. 2017 was $133.83 Mil. Dupont Fabros Technology's average Total Stockholders Equity over the quarter that ended in Jun. 2017 was $902.50 Mil. Therefore, Dupont Fabros Technology's annualized ROE % for the quarter that ended in Jun. 2017 was 14.83%.

The historical rank and industry rank for Dupont Fabros Technology's ROE % or its related term are showing as below:

DFTPRACL.PFD' s ROE % Range Over the Past 10 Years
Min: -36.71   Med: 2.73   Max: 13.46
Current: 13.46

During the past 13 years, Dupont Fabros Technology's highest ROE % was 13.46%. The lowest was -36.71%. And the median was 2.73%.

DFTPRACL.PFD's ROE % is not ranked
in the REITs industry.
Industry Median: 4.195 vs DFTPRACL.PFD: 13.46

Dupont Fabros Technology ROE % Historical Data

The historical data trend for Dupont Fabros Technology'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.

Dupont Fabros Technology ROE % Chart

Dupont Fabros Technology 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 4.29 3.84 8.95 0.18 16.35

Dupont Fabros Technology 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 20.09 14.31 15.13 15.90 14.83

Competitive Comparison of Dupont Fabros Technology's ROE %

For the REIT - Office subindustry, Dupont Fabros Technology'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.


Dupont Fabros Technology's ROE % Distribution in the REITs Industry

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

* The bar in red indicates where Dupont Fabros Technology's ROE % falls into.



Dupont Fabros Technology ROE % Calculation

Dupont Fabros Technology'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 )
=157.199/( (956.413+967.002)/ 2 )
=157.199/961.7075
=16.35 %

Dupont Fabros Technology'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 )
=133.828/( (973.609+831.4)/ 2 )
=133.828/902.5045
=14.83 %

* 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.


Dupont Fabros Technology  (NYSE:DFTPRACL.PFD) 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
=133.828/902.5045
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(133.828 / 562.84)*(562.84 / 3247.239)*(3247.239 / 902.5045)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.78 %*0.1733*3.598
=ROA %*Equity Multiplier
=4.12 %*3.598
=14.83 %

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
=133.828/902.5045
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (133.828 / 151.852) * (151.852 / 202.2) * (202.2 / 562.84) * (562.84 / 3247.239) * (3247.239 / 902.5045)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8813 * 0.751 * 35.92 % * 0.1733 * 3.598
=14.83 %

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.


Dupont Fabros Technology ROE % Related Terms

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


Dupont Fabros Technology (Dupont Fabros Technology) Business Description

Traded in Other Exchanges
N/A
Address
Dupont Fabros Technology, or DFT, is a real estate investment trust engaged in the design and operation of multitenant, wholesale data centers in metropolitan areas across the United States. The company provides the space and infrastructure, such as electrical power, security, and fire suppression services for customers to operate their servers and computing equipment. Its real estate portfolio is composed of large data centers located in the Northern Virginia, Chicago, Greater New York City, and Santa Clara, California areas. DFT derives the majority of its income in the form of rental revenue from tenants in short- to medium-term lease agreements. The company's major customers are technology companies, including Microsoft, Facebook, and Yahoo, which account for most of its revenue.
Executives
Brian D Doricko officer: SVP, Chief Revenue Officer 1212 NEW YORK AVENUE,NW,SUITE 900, WASHINGTON DC 20005
Mary M Styer director 1212 NEW YORK AVENUE, NW, SUITE 900, WASHINGTON DC 20005
Scott A Davis officer: EVP, Operations 401 9TH STREET, NW #600, WASHINGTON DC 20005
Christopher P. Eldredge director, officer: President and CEO 401 9TH STREET, NW #600, WASHINGTON DC 20004
Frederic V Malek director C/O THAYER LODGING GROUP, 1730 PENNSYLVANIA AVENUE NW #525, WASHINGTON DC 20006
James Warren Armstrong officer: Chief Accounting Officer 401 9TH STREET, NW #600, WASHINGTON DC 20005
Maria Kenny officer: SVP Finance & Treasurer 401 9TH STREET, NW #600, WASHINGTON DC 20004
Jonathan G Heiliger director JIVE SOFTWARE, INC., 325 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Roberts John T Jr director
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Hossein Fateh director, officer: President and CEO C/O DUPONT FABROS TECHNOLOGY, INC., 1212 NEW YORK AVENUE, NW, STE 900, WASHINGTON DC 20005
Du Pont Lammot J director, officer: Executive Chairman C/O DUPONT FABROS TECHNOLOGY, INC., 401 9TH STREET, NW #600, WASHINGTON DC 20004
Mark Amin director 2700 COLORADO AVE., SANTA MONICA CA 90404
Michael A Coke director TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
John H Toole director 250 FARMINGTON DRIVE, CHARLOTTESVILLE VA 22901

Dupont Fabros Technology (Dupont Fabros Technology) Headlines

From GuruFocus

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 15,612 Shares

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DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 19,800 Shares

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DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 40,000 Shares

By GuruFocus Research GuruFocus Editor 04-12-2010

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 16,888 Shares

By GuruFocus Research GuruFocus Editor 04-07-2010

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 33,944 Shares

By GuruFocus Research GuruFocus Editor 04-06-2010

DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 04-15-2010

DUPONT FABROS TECH (DFT) CFO Mark L Wetzel sells 56,585 Shares

By GuruFocus Research GuruFocus Editor 09-08-2010