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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Brandywine Realty Trust's annualizedNet Income for the quarter that ended in Mar. 2026 was $-194.4 Mil. Brandywine Realty Trust's average total tangible assets for the quarter that ended in Mar. 2026 was $3,486.4 Mil. Therefore, Brandywine Realty Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -5.57%.
The historical rank and industry rank for Brandywine Realty Trust's Return-on-Tangible-Asset or its related term are showing as below:
BDN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.88 Med: 0.91 Max: 7.87
Current: -5.88
During the past 13 years, Brandywine Realty Trust's highest Return-on-Tangible-Asset was 7.87%. The lowest was -5.88%. And the median was 0.91%.
BDN's Return-on-Tangible-Asset is ranked worse than 93.46% of 933
companies
in the REITs industry
Industry Median: 3.27
vs BDN: -5.88
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Brandywine Realty Trust Return-on-Tangible-Asset Related Terms
Brandywine Realty Trust Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Brandywine Realty Trust's Return-on-Tangible-Asset 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.
BDN vs PSTL, HPP, NLOP: Return-on-Tangible-Asset Comparison
For the REIT - Office subindustry, Brandywine Realty Trust's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Brandywine Realty Trust Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Brandywine Realty Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Brandywine Realty Trust's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -5.57% mean?
Brandywine Realty Trust (BDN) has a Return-on-Tangible-Asset of -5.57% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brandywine Realty Trust and its competitors. According to the industry distribution chart, Brandywine Realty Trust ranks #872 out of 933 companies in the REITs industry, placing it in the top 93.5%.
Is Brandywine Realty Trust's Return-on-Tangible-Asset too high?
Brandywine Realty Trust's current Return-on-Tangible-Asset is -5.57%. Based on the distribution chart, Brandywine Realty Trust ranks #872 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Brandywine Realty Trust has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brandywine Realty Trust's Return-on-Tangible-Asset compare to PSTL and HPP?
According to the REITs industry distribution chart, Brandywine Realty Trust ranks #872 out of 933 companies for Return-on-Tangible-Asset. This places Brandywine Realty Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.27, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brandywine Realty Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brandywine Realty Trust's current Return-on-Tangible-Asset is -5.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brandywine Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Brandywine Realty Trust (BDN) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.24, compared to a current price of $3.14 — trading 25.9% below its estimated fair value. The current Return-on-Tangible-Asset is -5.57%. Brandywine Realty Trust's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Brandywine Realty Trust (BDN), the current Return-on-Tangible-Asset is -5.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Brandywine Realty Trust (BDN) Overvalued in 2026?
Based on GuruFocus' analysis, Brandywine Realty Trust stock appears to be undervalued.
The current stock price of $3.14 is trading 25.9% below its estimated GF Value™ of $4.24.
GuruFocus considers Brandywine Realty Trust to be Modestly Undervalued.
Key valuation signals for BDN:
Return-on-Tangible-Asset: -5.57%
GF Value™: $4.24 vs. price of $3.14 (25.9% below fair value)
No single metric tells the full story. See the BDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brandywine Realty Trust engaged in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. The company owned and managed properties within five segments. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Austin, Texas segment includes properties in the City of Austin, Texas. The Metropolitan Washington, D.C. segment includes properties in Northern Virginia, Washington, D.C. and Southern Maryland. The Other segment includes properties in Camden County, New Jersey and New Castle County, Delaware.
66GF Score
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