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Ryman Hospitality Properties (Ryman Hospitality Properties) ROE %

: 109.32% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ryman Hospitality Properties's annualized net income for the quarter that ended in Dec. 2023 was $569 Mil. Ryman Hospitality Properties's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $520 Mil. Therefore, Ryman Hospitality Properties's annualized ROE % for the quarter that ended in Dec. 2023 was 109.32%.

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

RHP' s ROE % Range Over the Past 10 Years
Min: -193.33   Med: 35.6   Max: 353.2
Current: 89.8

During the past 13 years, Ryman Hospitality Properties's highest ROE % was 353.20%. The lowest was -193.33%. And the median was 35.60%.

RHP's ROE % is ranked better than
99.25% of 800 companies
in the REITs industry
Industry Median: 4.25 vs RHP: 89.80

Ryman Hospitality Properties ROE % Historical Data

The historical data trend for Ryman Hospitality Properties'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.

Ryman Hospitality Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.17 -98.21 -193.33 353.20 93.68

Ryman Hospitality Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only 316.44 251.84 89.11 34.04 109.32

Competitive Comparison

For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties'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.


Ryman Hospitality Properties ROE % Distribution

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

* The bar in red indicates where Ryman Hospitality Properties's ROE % falls into.



Ryman Hospitality Properties ROE % Calculation

Ryman Hospitality Properties'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 )
=311.217/( (95.276+569.153)/ 2 )
=311.217/332.2145
=93.68 %

Ryman Hospitality Properties'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 )
=568.508/( (470.944+569.153)/ 2 )
=568.508/520.0485
=109.32 %

* 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.


Ryman Hospitality Properties  (NYSE:RHP) 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
=568.508/520.0485
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(568.508 / 2532.252)*(2532.252 / 5126.185)*(5126.185 / 520.0485)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.45 %*0.494*9.8571
=ROA %*Equity Multiplier
=11.09 %*9.8571
=109.32 %

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
=568.508/520.0485
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (568.508 / 275.372) * (275.372 / 493.784) * (493.784 / 2532.252) * (2532.252 / 5126.185) * (5126.185 / 520.0485)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.0645 * 0.5577 * 19.5 % * 0.494 * 9.8571
=109.32 %

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.


Ryman Hospitality Properties ROE % Related Terms

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


Ryman Hospitality Properties (Ryman Hospitality Properties) Business Description

Traded in Other Exchanges
Address
One Gaylord Drive, Nashville, TN, USA, 37214
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its hospitality segment.
Executives
Patrick S Chaffin officer: EVP & COO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Reed Colin V director, officer: Exec. Chairman of the Board
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Bowles Alvin L Jr director 62 TRENOR DRIVE, NEW ROCHELLE NY 10804
William E Haslam director 5919 MAPLE AVE, C/O HAROLDS STORES INC, DALLAS TX 75235
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Jennifer L Hutcheson officer: EVP & Chief Financial Officer ONE GAYLORD DRIVE, NASHVILLE TN 37214
Scott J Lynn officer: EVP, Secretary and GC ONE GAYLORD DRIVE, NASHVILLE TN 37214
Christine Pantoya director 5 OX BOW LANE, SUMMIT NJ 07901
Mark Fioravanti director, officer: President & CEO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Prather Robert S Jr director
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Christian A. Brickman director 351 PHELPS DRIVE, IRVING TX 75038
Bennett D Westbrook officer: SVP, Investments, D&C ONE GAYLORD DRIVE, NASHVILLE TN 37214
Michael J Bender director 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054

Ryman Hospitality Properties (Ryman Hospitality Properties) Headlines

From GuruFocus

Ryman Hospitality Properties, Inc. Declares Fourth Quarter Dividend

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