What is RLJ Lodging Trust Return-on-Tangible-Equity?
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. RLJ Lodging Trust's annualized net income for the quarter that ended in Dec. 2023 was $32 Mil. RLJ Lodging Trust's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,354 Mil. Therefore, RLJ Lodging Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.35%.
The historical rank and industry rank for RLJ Lodging Trust's Return-on-Tangible-Equity or its related term are showing as below:
RLJ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.78 Med: 3.56 Max: 9.61
Current: 3.21
During the past 13 years, RLJ Lodging Trust's highest Return-on-Tangible-Equity was 9.61%. The lowest was -13.78%. And the median was 3.56%.
RLJ's Return-on-Tangible-Equity is ranked worse than 56.77% of 798
companies
in the REITs industry
Industry Median: 4.535
vs RLJ: 3.21
RLJ Lodging Trust Return-on-Tangible-Equity Historical Data
The historical data trend for RLJ Lodging Trust'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.
Competitive Comparison of RLJ Lodging Trust's Return-on-Tangible-Equity
For the REIT - Hotel & Motel subindustry, RLJ Lodging Trust'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.
RLJ Lodging Trust's Return-on-Tangible-Equity Distribution in the REITs Industry
For the REITs industry and Real Estate sector, RLJ Lodging Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where RLJ Lodging Trust's Return-on-Tangible-Equity falls into.
* 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.
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.
RLJ Lodging Trust Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of RLJ Lodging Trust's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
RLJ Lodging Trust (RLJ Lodging Trust) Business Description
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
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