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PPSPRA.PFD (Post Properties) EBITDA : $202.65 Mil (TTM As of Sep. 2016)


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What is Post Properties EBITDA?

Post Properties's EBITDA for the three months ended in Sep. 2016 was $49.01 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Sep. 2016 was $202.65 Mil.

During the past 12 months, the average EBITDA Growth Rate of Post Properties was 2.00% per year. During the past 3 years, the average EBITDA Growth Rate was -1.50% per year. During the past 5 years, the average EBITDA Growth Rate was 15.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Post Properties was 104.00% per year. The lowest was 0.00% per year. And the median was 0.00% per year.

Post Properties's EBITDA per Share for the three months ended in Sep. 2016 was $0.00. Its EBITDA per share for the trailing twelve months (TTM) ended in Sep. 2016 was $0.00.

During the past 12 months, the average EBITDA per Share Growth Rate of Post Properties was 3.40% per year. During the past 3 years, the average EBITDA per Share Growth Rate was -1.60% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 12.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Post Properties was 94.40% per year. The lowest was 0.00% per year. And the median was 0.00% per year.


Post Properties EBITDA Historical Data

The historical data trend for Post Properties's EBITDA 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.

Post Properties EBITDA Chart

Post Properties Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.40 208.96 211.96 363.23 199.84

Post Properties Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
EBITDA 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 50.48 50.63 50.61 52.40 49.01

Competitive Comparison of Post Properties's EBITDA

For the REIT - Residential subindustry, Post Properties's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Post Properties's EV-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Post Properties's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Post Properties's EV-to-EBITDA falls into.


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Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Post Properties's EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Post Properties's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2015, Post Properties's EBITDA was $199.84 Mil.

Post Properties's EBITDA for the quarter that ended in Sep. 2016 is calculated as

Post Properties's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Sep. 2016, Post Properties's EBITDA was $49.01 Mil.

EBITDA for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $202.65 Mil.

* 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.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Post Properties  (NYSE:PPSPRA.PFD) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Post Properties EBITDA Related Terms

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


Post Properties Business Description

Traded in Other Exchanges
N/A
Address
Post Properties Inc is a Georgia corporation, which was incorporated on January 25, 1984, and is the successor by merger to the original Post Properties, Inc., a Georgia corporation, which was formed in 1971. It is a self-administrated and self-managed equity real estate investment trust (REIT). The Company and its subsidiaries develop, own and manage upscale multi-family apartment communities in selected markets in the United States. The operating divisions of the Company include Post Apartment Management, Post Investment Group and Post Corporate Services. Post Apartment Management is responsible for the day-to-day operations of all Post(r) communities including community leasing, property management, personnel recruiting, training and development, maintenance and security. Post Apartment Management also conducts short-term corporate apartment leasing activities. It is responsible for all development, acquisition, rehabilitation, disposition, for-sale and asset management activities of the Company. For development, this includes site selection, zoning and regulatory approvals, project design and construction management. This division is also responsible for apartment community acquisitions as well as property dispositions and strategic joint ventures that the Company undertakes as part of its investment plan. Post Corporate Services provides executive direction and control to the Company's other divisions and subsidiaries and has responsibility for the creation and implementation of all Company financing, capital and risk management strategies. All accounting, management reporting, compliance, information systems, human resources, legal, risk management and insurance services required by the Company and all of its affiliates are centralized in Post Corporate Services. The Company, through its wholly-owned subsidiaries, is the general partner and owns a majority interest in the Operating Partnership which, through its subsidiaries, conducts all of the on-going operations of the Company. At December 31, 2009, approximately 35.4%, 23.1%, 11.2% and 10.8% (on a unit basis) of the Company's communities were located in the Atlanta, Georgia, Dallas, Texas, the greater Washington, D.C. and Tampa, Florida metropolitan areas, respectively. At December 31, 2009, 19,863 apartment units in 55 apartment communities, including 1,747 apartment units in five communities held in unconsolidated entities and 1,428 apartment units in four communities currently under construction and/or in lease-up. The Company is also developing and selling 277 luxury for-sale condominium homes in two communities (including 129 units in one community held in an unconsolidated entity) and is completing the sell out of units in one condominium community through a taxable REIT subsidiary. The Company competes for residents in its apartment communities based on its high level of resident service, the quality of its apartment communities and the desirability of its locati
Executives
Morgan John F., Sr. director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
David C. Ward officer: EVP & Chief Investment Officer 4401 NORTHSIDE PARKWAY, SUITE 800, ATLANTA GA 30327
Toni Jennings director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Donald C Wood director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Sheila J. Teabo officer: Senior Vice Pres. 4401 NORTHSIDE PARKWAY, SUITE 800, ATLANTA GA 30327
Charles A. Konas officer: Executive Vice Pres. 4401 NORTHSIDE PARKWAY, SUITE 800, ATLANTA GA 30327
David R. Schwartz director 4401 NOTHSIDE PARKWAY, SUITE 800, ATLANTA GA 30327-3057
Dale Anne Reiss director 589 KINZIE ISLAND COURT, SANIBEL FL 33957
Stella Ferguson Thayer director 4401 NORTHSIDE PARKWAY,, SUITE 800, ATLANTA GA 30327
Deriso Walter M Jr director 1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Douglas Ii Crocker director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Thomas D Senkbeil officer: EVP & Chief Financial Officer
Herschel M Bloom director 755 LEE STREET, PO BOX 272, ALEXANDER CITY AL 35011-0272
Christopher J Papa officer: Chief Financial Officer 4401 NORTHSIDE PARKWAY, SUITE 800, ATLANTA GA 30327
Nicholas B Paumgarten director C/O JP MORGAN CHASE, 227 PARK AVE 45TH FL, NEW YORK NY 10172

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