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BHRPD.PFD (Braemar Hotels & Resorts) Return-on-Tangible-Equity : 18.23% (As of Sep. 2024)


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What is Braemar Hotels & Resorts 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. Braemar Hotels & Resorts's annualized net income for the quarter that ended in Sep. 2024 was $50.38 Mil. Braemar Hotels & Resorts's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $276.33 Mil. Therefore, Braemar Hotels & Resorts's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 18.23%.

The historical rank and industry rank for Braemar Hotels & Resorts's Return-on-Tangible-Equity or its related term are showing as below:

BHRpD.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.11   Med: 0.23   Max: 7.14
Current: -0.74

During the past 13 years, Braemar Hotels & Resorts's highest Return-on-Tangible-Equity was 7.14%. The lowest was -33.11%. And the median was 0.23%.

BHRpD.PFD's Return-on-Tangible-Equity is ranked worse than
77.93% of 920 companies
in the REITs industry
Industry Median: 5.21 vs BHRpD.PFD: -0.74

Braemar Hotels & Resorts Return-on-Tangible-Equity Historical Data

The historical data trend for Braemar Hotels & Resorts'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.

* Premium members only.

Braemar Hotels & Resorts Return-on-Tangible-Equity Chart

Braemar Hotels & Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 -33.11 -8.00 4.44 -7.61

Braemar Hotels & Resorts Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Return-on-Tangible-Equity 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 -24.83 -23.95 20.98 -15.87 18.23

Competitive Comparison of Braemar Hotels & Resorts's Return-on-Tangible-Equity

For the REIT - Hotel & Motel subindustry, Braemar Hotels & Resorts'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.


Braemar Hotels & Resorts's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Braemar Hotels & Resorts's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Braemar Hotels & Resorts's Return-on-Tangible-Equity falls into.



Braemar Hotels & Resorts Return-on-Tangible-Equity Calculation

Braemar Hotels & Resorts's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-27.017/( (406.226+303.477 )/ 2 )
=-27.017/354.8515
=-7.61 %

Braemar Hotels & Resorts's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=50.384/( (278.966+273.691)/ 2 )
=50.384/276.3285
=18.23 %

* 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 (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Braemar Hotels & Resorts  (NYSE:BHRpD.PFD) Return-on-Tangible-Equity Explanation

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.


Braemar Hotels & Resorts Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Braemar Hotels & Resorts's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Braemar Hotels & Resorts Business Description

Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 1200, Dallas, TX, USA, 75254
Braemar Hotels & Resorts Inc is a real estate investment trust company that invests in high revenue per available room, or RevPAR, luxury, upper-upscale and upscale hotels in gateway and resort locations. The firm operates in various U.S. states such as California, Texas, Washington, Philadelphia, Florida, and Illinois as well as Washington, D.C. and St. Thomas, U.S. Virgin Islands. The company operates through its direct hotel investment segment. Its revenue streams include rooms, food and beverage, and other. The firm's hotels operate under various brands, such as Marriott, Hilton, Courtyard, and Renaissance, among others.