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Retail Properties of America (Retail Properties of America) ROE % : 3.90% (As of Jun. 2021)


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What is Retail Properties of America ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Retail Properties of America's annualized net income for the quarter that ended in Jun. 2021 was $61.6 Mil. Retail Properties of America's average Total Stockholders Equity over the quarter that ended in Jun. 2021 was $1,577.9 Mil. Therefore, Retail Properties of America's annualized ROE % for the quarter that ended in Jun. 2021 was 3.90%.

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

RPAI' s ROE % Range Over the Past 10 Years
Min: -3.28   Med: 1.7   Max: 11.74
Current: 1.24

During the past 13 years, Retail Properties of America's highest ROE % was 11.74%. The lowest was -3.28%. And the median was 1.70%.

RPAI's ROE % is not ranked
in the REITs industry.
Industry Median: 4.21 vs RPAI: 1.24

Retail Properties of America ROE % Historical Data

The historical data trend for Retail Properties of America'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.

Retail Properties of America ROE % Chart

Retail Properties of America Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.75 12.46 4.27 1.92 0.91

Retail Properties of America Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -1.85 -0.58 0.47 1.20 3.90

Competitive Comparison of Retail Properties of America's ROE %

For the REIT - Retail subindustry, Retail Properties of America'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.


Retail Properties of America's ROE % Distribution in the REITs Industry

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

* The bar in red indicates where Retail Properties of America's ROE % falls into.



Retail Properties of America ROE % Calculation

Retail Properties of America's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=14.571/( (1632.477+1577.623)/ 2 )
=14.571/1605.05
=0.91 %

Retail Properties of America's annualized ROE % for the quarter that ended in Jun. 2021 is calculated as

ROE %=Net Income (Q: Jun. 2021 )/( (Total Stockholders Equity (Q: Mar. 2021 )+Total Stockholders Equity (Q: Jun. 2021 ))/ count )
=61.584/( (1576.97+1578.763)/ 2 )
=61.584/1577.8665
=3.90 %

* 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. 2021) net income data. ROE % is displayed in the 30-year financial page.


Retail Properties of America  (NYSE:RPAI) 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. 2021 )
=Net Income/Total Stockholders Equity
=61.584/1577.8665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(61.584 / 484.956)*(484.956 / 3607.308)*(3607.308 / 1577.8665)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.7 %*0.1344*2.2862
=ROA %*Equity Multiplier
=1.71 %*2.2862
=3.90 %

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. 2021 )
=Net Income/Total Stockholders Equity
=61.584/1577.8665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (61.584 / 61.548) * (61.548 / 136.284) * (136.284 / 484.956) * (484.956 / 3607.308) * (3607.308 / 1577.8665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0006 * 0.4516 * 28.1 % * 0.1344 * 2.2862
=3.90 %

Note: The net income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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.


Retail Properties of America ROE % Related Terms

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Retail Properties of America (Retail Properties of America) Business Description

Traded in Other Exchanges
N/A
Address
2021 Spring Road, Suite 200, Oak Brook, IL, USA, 60523
Retail Properties of America Inc is a self-managed real estate investment trust that invests, develops, and manages retail property assets. The company's portfolio primarily constitutes shopping centers in the United States, markets, including Dallas, Washington, New York, Atlanta, Seattle, Chicago, Houston, San Antonio, Phoenix, and Austin. The company generates its revenue from leasing properties to tenants, which include retailers, restaurants, and others.
Executives
Gerald M Gorski director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Thomas J Sargeant director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Robert G Gifford director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Peter L Lynch director 2021 SPRING ROAD SUITE 200, OAK BROOK IL 60523
Catalano Frank A Jr director RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Richard P Imperiale director RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Julie Swinehart officer: EVP, CFO and Treasurer 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Shane C. Garrison officer: President, COO RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Steven P Grimes director, officer: CEO, Director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Paula C Maggio officer: EVP, General Counsel & Secr. C/O STRATEGIC HOTEL CAPITAL, INC., 77 WEST WACKER DRIVE, STE 4600, CHICAGO IL 60601
R Fear Heath officer: EVP, CFO & Treasurer C/O GGP INC., 350 N. ORLEANS, SUITE 300, CHICAGO IL 60654
Paul Gauvreau director RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Dennis K. Holland officer: Exec. VP, Gen. Counsel & Secr. RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Kenneth Masick director RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523

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