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Brixmor Property Group (Brixmor Property Group) Return-on-Tangible-Equity

: 10.17% (As of Dec. 2023)
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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Brixmor Property Group's annualized net income for the quarter that ended in Dec. 2023 was $291 Mil. Brixmor Property Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,859 Mil. Therefore, Brixmor Property Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 10.17%.

The historical rank and industry rank for Brixmor Property Group's Return-on-Tangible-Equity or its related term are showing as below:

BRX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.39   Med: 9.93   Max: 12.75
Current: 10.63

During the past 13 years, Brixmor Property Group's highest Return-on-Tangible-Equity was 12.75%. The lowest was 3.39%. And the median was 9.93%.

BRX's Return-on-Tangible-Equity is ranked better than
78.82% of 798 companies
in the REITs industry
Industry Median: 4.55 vs BRX: 10.63

Brixmor Property Group Return-on-Tangible-Equity Historical Data

The historical data trend for Brixmor Property Group's Return-on-Tangible-Equity 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.

Brixmor Property Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.85 4.47 10.01 12.69 10.68

Brixmor Property Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 15.06 15.61 7.83 8.88 10.17

Competitive Comparison

For the REIT - Retail subindustry, Brixmor Property Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Brixmor Property Group Return-on-Tangible-Equity Distribution

For the REITs industry and Real Estate sector, Brixmor Property Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Brixmor Property Group's Return-on-Tangible-Equity falls into.



Brixmor Property Group Return-on-Tangible-Equity Calculation

Brixmor Property Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=305.087/( (2865.01+2850.301 )/ 2 )
=305.087/2857.6555
=10.68 %

Brixmor Property Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=290.788/( (2868.38+2850.301)/ 2 )
=290.788/2859.3405
=10.17 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Brixmor Property Group  (NYSE:BRX) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Brixmor Property Group Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Brixmor Property Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Brixmor Property Group (Brixmor Property Group) Business Description

Traded in Other Exchanges
Address
450 Lexington Avenue, 13th Floor, New York, NY, USA, 10017
Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT.
Executives
Brian T Finnegan officer: See Remarks C/O BRIXMOR PROPERTY GROUP INC., 420 LEXINGTON AVENUE, NEW YORK NY 10170
Angela M Aman officer: EVP, Chief Financial Officer RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
John Peter Suarez director 450 LEXINGTON AVENUE, NEW YORK NY 10017
Michael B Berman director C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Thomas W Dickson director 301 S TRYON STREET, SUITE 1800, CHARLOTTE NC 28282
Julie Bowerman director C/O BRIXMOR PROPERTY GROUP, 450 LEXINGTON AVENUE, NEW YORK NY 10017
William D. Rahm director C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
John Schreiber director 682 BANK LANE, LAKE FOREST IL 60045
Steven F Siegel officer: See Remarks C/O BRIXMOR PROPERTY GROUP, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Taylor James M Jr officer: President and CEO 1626 EAST JEFFERSON STREET, ROCKVILLE MD 20852
Carolyn Carter Singh officer: See Remarks C/O BRIXMOR PROPERTY GROUP INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark Horgan officer: EVP, Chief Investment Officer C/O BRIXMOR PROPERTY GROUP INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Steven T Gallagher officer: Chief Accounting Officer C/O BRIXMOR PROPERTY GROUP, INC., 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Daniel B Hurwitz director 3300 ENTERPRISES PARKWAY, BEACHWOOD OH 44122