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CBL (CBL & Associates Properties) Return-on-Tangible-Asset : 1.50% (As of Mar. 2025)


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What is CBL & Associates Properties Return-on-Tangible-Asset?

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. CBL & Associates Properties's annualized Net Income for the quarter that ended in Mar. 2025 was $35.2 Mil. CBL & Associates Properties's average total tangible assets for the quarter that ended in Mar. 2025 was $2,350.4 Mil. Therefore, CBL & Associates Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 1.50%.

The historical rank and industry rank for CBL & Associates Properties's Return-on-Tangible-Asset or its related term are showing as below:

CBL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.85   Med: -1.79   Max: 3.14
Current: 3.14

During the past 6 years, CBL & Associates Properties's highest Return-on-Tangible-Asset was 3.14%. The lowest was -6.85%. And the median was -1.79%.

CBL's Return-on-Tangible-Asset is ranked better than
54.18% of 932 companies
in the REITs industry
Industry Median: 2.77 vs CBL: 3.14

CBL & Associates Properties Return-on-Tangible-Asset Historical Data

The historical data trend for CBL & Associates Properties'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.

* Premium members only.

CBL & Associates Properties Return-on-Tangible-Asset Chart

CBL & Associates Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial -6.85 - -3.86 0.29 2.63

CBL & Associates Properties Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 0.01 0.93 3.20 6.91 1.50

Competitive Comparison of CBL & Associates Properties's Return-on-Tangible-Asset

For the REIT - Retail subindustry, CBL & Associates Properties'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.


CBL & Associates Properties's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CBL & Associates Properties's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where CBL & Associates Properties's Return-on-Tangible-Asset falls into.


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CBL & Associates Properties Return-on-Tangible-Asset Calculation

CBL & Associates Properties's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=58.97/( (2089.975+2399.784)/ 2 )
=58.97/2244.8795
=2.63 %

CBL & Associates Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=35.156/( (2399.784+2300.92)/ 2 )
=35.156/2350.352
=1.50 %

* 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. 2025) net income data.


CBL & Associates Properties  (NYSE:CBL) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


CBL & Associates Properties Return-on-Tangible-Asset Related Terms

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CBL & Associates Properties Business Description

Traded in Other Exchanges
Address
2030 Hamilton Place Boulevard, Suite 500, Chattanooga, TN, USA, 37421
CBL & Associates Properties Inc is a real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
Executives
David J Contis director 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Robert G Gifford director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Andrew Franklin Cobb officer: Exec VP-Accounting 1563 QUIET POND DR, CHATTANOOGA TN 37415
Jeffery V. Curry officer: Interim Chief Legal Officer 4019 BREAKWATER DR, HIXON TN 37343
Ocm Xb Cbl-e Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Benjamin W Jaenicke officer: Exec VP - Finance 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Michael I Lebovitz officer: Sr VP - Mall Projects 2030 HAMILTON PLACE STE 500, CHATTANOOGA TN 374216000
Strategic Value Partners, Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Excelsior Management Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
David Michael Fields director 34 OAK TRAIL COURT, ALAMO CA 94507
Oaktree Value Opportunities Fund Holdings, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Stephen D Lebovitz director, officer: President and Secretary 2030 HAMILTON PLACE STE 500, CHATTANOOGA TN 374216000
Michael A Torres director MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Jennifer Cope officer: EVP Ops Services & Risk Mgmt 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Joseph Khalili officer: EVP Financial Planning & Anlys 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421