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Duke Realty (Duke Realty) Return-on-Tangible-Asset : 3.80% (As of Jun. 2022)


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What is Duke Realty 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. Duke Realty's annualized Net Income for the quarter that ended in Jun. 2022 was $410 Mil. Duke Realty's average total tangible assets for the quarter that ended in Jun. 2022 was $10,773 Mil. Therefore, Duke Realty's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was 3.80%.

The historical rank and industry rank for Duke Realty's Return-on-Tangible-Asset or its related term are showing as below:

DRE's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 2.23
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Duke Realty Return-on-Tangible-Asset Historical Data

The historical data trend for Duke Realty'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.

Duke Realty Return-on-Tangible-Asset Chart

Duke Realty Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.36 5.12 5.36 3.46 8.80

Duke Realty Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Premium Member Only 7.35 19.90 4.03 9.51 3.80

Competitive Comparison of Duke Realty's Return-on-Tangible-Asset

For the REIT - Industrial subindustry, Duke Realty'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.


Duke Realty's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Duke Realty's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Duke Realty's Return-on-Tangible-Asset falls into.



Duke Realty Return-on-Tangible-Asset Calculation

Duke Realty's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=852.895/( (9020.519+10361.527)/ 2 )
=852.895/9691.023
=8.80 %

Duke Realty's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=409.88/( (10587.409+10958.282)/ 2 )
=409.88/10772.8455
=3.80 %

* 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 (Jun. 2022) net income data.


Duke Realty  (NYSE:DRE) 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.


Duke Realty Return-on-Tangible-Asset Related Terms

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Duke Realty (Duke Realty) Business Description

Industry
Traded in Other Exchanges
N/A
Address
8711 River Crossing Boulevard, Indianapolis, IN, USA, 46240
Duke Realty is an Indianapolis-based publicly traded REIT that owns and operates a portfolio of primarily industrial properties and provides real estate services to third-party owners. It has interest in over 150 million square feet across the largest logistics markets in the U.S.
Executives
Steven W Schnur officer: EVP, Chief Operating Officer 600 E. 96TH ST, STE 100, INDIANAPOLIS IN 46240
Mark A Denien officer: EVP & CFO 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Scott P Anderson director 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Chris T. Sultemeier director 1650 JOHN KING BLVD, #3602, ROCKWALL TX 75032
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Michael E Szymanczyk director DOMINION RESOURCES, INC., 100 TREDEGAR STREET, RICHMOND VA 23219
Warren M Thompson director 4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Melanie R Sabelhaus director 227 GREENSPRING VALLEY DRIVE, OWINGS MILLS MD 21117
Lynn C Thurber director JONES LANG LASALLE INCORPORTED, 200 E RANDOLPH DR, CHICAGO IL 60601
Scott Peter M Iii director P O BOX 1551, RALEIGH NC 27601
Tamara D Fischer director 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
James B. Connor director, officer: President and CEO 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Ann C. Dee officer: EVP,General Counsel & Corp Sec 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Nicholas C. Anthony officer: EVP, Chief Investment Officer 600 E 96TH STREET, SUITE 100, INDIANAPOLIS IN 46240
Kelly T Killingsworth director 2430 SW 75TH TERRACE, PORTLAND OR 97225