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COHEN & STEERS QUALITYOME REALTY FUND (COHEN & STEERS QUALITYOME REALTY FUND) ROE % : 14.23% (As of Dec. 2023)


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What is COHEN & STEERS QUALITYOME REALTY FUND ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. COHEN & STEERS QUALITYOME REALTY FUND's annualized net income for the quarter that ended in Dec. 2023 was $245.6 Mil. COHEN & STEERS QUALITYOME REALTY FUND's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,725.6 Mil. Therefore, COHEN & STEERS QUALITYOME REALTY FUND's annualized ROE % for the quarter that ended in Dec. 2023 was 14.23%.

The historical rank and industry rank for COHEN & STEERS QUALITYOME REALTY FUND's ROE % or its related term are showing as below:

RQI' s ROE % Range Over the Past 10 Years
Min: -31.48   Med: 8.32   Max: 38.57
Current: 13.82

During the past 7 years, COHEN & STEERS QUALITYOME REALTY FUND's highest ROE % was 38.57%. The lowest was -31.48%. And the median was 8.32%.

RQI's ROE % is ranked better than
80.14% of 1697 companies
in the Asset Management industry
Industry Median: 4.06 vs RQI: 13.82

COHEN & STEERS QUALITYOME REALTY FUND ROE % Historical Data

The historical data trend for COHEN & STEERS QUALITYOME REALTY FUND'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.

COHEN & STEERS QUALITYOME REALTY FUND ROE % Chart

COHEN & STEERS QUALITYOME REALTY FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 30.81 -4.59 38.57 -31.48 13.81

COHEN & STEERS QUALITYOME REALTY FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.92 -44.55 -18.04 13.42 14.23

Competitive Comparison of COHEN & STEERS QUALITYOME REALTY FUND's ROE %

For the Asset Management subindustry, COHEN & STEERS QUALITYOME REALTY FUND'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.


COHEN & STEERS QUALITYOME REALTY FUND's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, COHEN & STEERS QUALITYOME REALTY FUND's ROE % distribution charts can be found below:

* The bar in red indicates where COHEN & STEERS QUALITYOME REALTY FUND's ROE % falls into.



COHEN & STEERS QUALITYOME REALTY FUND ROE % Calculation

COHEN & STEERS QUALITYOME REALTY FUND'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 )
=234.95/( (1647.564+1754.69)/ 2 )
=234.95/1701.127
=13.81 %

COHEN & STEERS QUALITYOME REALTY FUND's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=245.58/( (1696.435+1754.69)/ 2 )
=245.58/1725.5625
=14.23 %

* 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 two times the semi-annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


COHEN & STEERS QUALITYOME REALTY FUND  (NYSE:RQI) 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
=245.58/1725.5625
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(245.58 / 248.57)*(248.57 / 2445.889)*(2445.889 / 1725.5625)
=Net Margin %*Asset Turnover*Equity Multiplier
=98.8 %*0.1016*1.4174
=ROA %*Equity Multiplier
=10.04 %*1.4174
=14.23 %

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
=245.58/1725.5625
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (245.58 / 245.58) * (245.58 / 248.57) * (248.57 / 2445.889) * (2445.889 / 1725.5625)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 98.8 % * 0.1016 * 1.4174
=14.23 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


COHEN & STEERS QUALITYOME REALTY FUND ROE % Related Terms

Thank you for viewing the detailed overview of COHEN & STEERS QUALITYOME REALTY FUND's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


COHEN & STEERS QUALITYOME REALTY FUND (COHEN & STEERS QUALITYOME REALTY FUND) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, New York, NY, USA, 10017
COHEN & STEERS QUALITY INCOME REALTY FUND INC is a diversified, closed-end management investment company. The primary investment objective of the Fund is high current income through investment in real estate securities. Its secondary objective is capital appreciation. The Fund invests at least 80% of its total assets in income-producing common stocks and other securities issued by real estate companies, such as real estate investment trusts under normal market conditions.
Executives
Dean Junkans director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Adam M Derechin director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Robert Hamilton Steers director, officer: Chairman C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr director C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Stephen Murphy officer: Deputy CCO 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Mathew Kirschner other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jason Yablon officer: Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Bonnie Cohen director 1824 PHELPS PLACE, UNIT 1810, WASHINGTON DC 20008
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

COHEN & STEERS QUALITYOME REALTY FUND (COHEN & STEERS QUALITYOME REALTY FUND) Headlines