JBG SMITH Properties (FRA:JBG) ROA %: -1.73% (As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:JBG JBG SMITH Properties FRA:JBG
62 GF Score
Price €12.60
GF Value €18.25
! 7 Warning Signs
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What is JBG SMITH Properties ROA %?

JBG SMITH Properties FRA:JBG +4.13% 62 ROA % is -1.73% as of Mar. 2026. GuruFocus rates FRA:JBG with a GF Score™ of 62/100 and a GF Value™ of €18.25. The stock has 7 warning signs investors should review. Among 939 REITs companies, JBG SMITH Properties ranks worse than 89.03% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. JBG SMITH Properties's annualized Net Income for the quarter that ended in Mar. 2026 was €-64.7 Mil. JBG SMITH Properties's average Total Assets over the quarter that ended in Mar. 2026 was €3,749.0 Mil. Therefore, JBG SMITH Properties's annualized ROA % for the quarter that ended in Mar. 2026 was -1.73%.

The historical rank and industry rank for JBG SMITH Properties's ROA % or its related term are showing as below:

FRA:JBG' s ROA % Range Over the Past 10 Years
Min: -2.96   Med: -1.15   Max: 1.71
Current: -2.5

During the past 13 years, JBG SMITH Properties's highest ROA % was 1.71%. The lowest was -2.96%. And the median was -1.15%.

FRA:JBG's ROA % is ranked worse than
89.03% of 939 companies
in the REITs industry
Industry Median: 3.18 vs FRA:JBG: -2.50

JBG SMITH Properties  (FRA:JBG) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-64.692/3748.9885
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-64.692 / 441.504)*(441.504 / 3748.9885)
=Net Margin %*Asset Turnover
=-14.65 %*0.1178
=-1.73 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


JBG SMITH Properties ROA % Related Terms


JBG SMITH Properties ROA % Historical Data

* Premium members only.

The historical data trend for JBG SMITH Properties's ROA % 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.

JBG SMITH Properties ROA % Chart

JBG SMITH Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.32 1.44 -1.38 -2.78 -2.78

JBG SMITH Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 -3.69 -1.60 -2.53 -4.14 -1.73

FRA:JBG vs ESRT, CTO, GOOD: ROA % Comparison

For the REIT - Diversified subindustry, JBG SMITH Properties's ROA %, along with its competitors' market caps and ROA % 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.


JBG SMITH Properties ROA % vs REITs Industry

For the REITs industry and Real Estate sector, JBG SMITH Properties's ROA % distribution charts can be found below:

* The bar in red indicates where JBG SMITH Properties's ROA % falls into.


FRA:JBG
62GF Score
JBG SMITH Properties FRA:JBG
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JBG SMITH Properties ROA % Calculation

JBG SMITH Properties's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-118.76/( (4794.616+3747.515)/ 2 )
=-118.76/4271.0655
=-2.78 %

JBG SMITH Properties's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-64.692/( (3747.515+3750.462)/ 2 )
=-64.692/3748.9885
=-1.73 %

* 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 ROA %, the net income of the last fiscal year and the average total 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -1.73% mean?
JBG SMITH Properties (FRA:JBG) has a ROA % of -1.73% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on JBG SMITH Properties and its competitors. According to the industry distribution chart, JBG SMITH Properties ranks #836 out of 939 companies in the REITs industry, placing it in the top 89%.
Is JBG SMITH Properties' ROA % too high?
JBG SMITH Properties' current ROA % is -1.73%. Based on the distribution chart, JBG SMITH Properties ranks #836 out of 939 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, JBG SMITH Properties has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does JBG SMITH Properties' ROA % compare to ESRT and CTO?
According to the REITs industry distribution chart, JBG SMITH Properties ranks #836 out of 939 companies for ROA %. This places JBG SMITH Properties in the lower half of its industry. The industry median ROA % is 3.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a REITs company?
The median ROA % among REITs companies is 3.18, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on JBG SMITH Properties and its competitors. For the REITs industry, the median ROA % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JBG SMITH Properties's current ROA % is -1.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBG SMITH Properties stock overvalued right now?
JBG SMITH Properties (FRA:JBG) has a current ROA % of -1.73%. The stock's GF Value™ is €18.25, compared to a current price of €12.60 — trading 31% below its estimated fair value. The current ROA % is -1.73%. JBG SMITH Properties' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For JBG SMITH Properties (FRA:JBG), the current ROA % is -1.73% 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 JBG SMITH Properties (FRA:JBG) Overvalued in 2026?

Based on GuruFocus' analysis, JBG SMITH Properties stock appears to be undervalued. The current stock price of €12.60 is trading 31% below its estimated GF Value™ of €18.25.

Key valuation signals for FRA:JBG:

  • ROA %: -1.73%
  • GF Value™: €18.25 vs. price of €12.60 (31% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the FRA:JBG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JBG SMITH Properties Business Description

Industry Real EstateREITs
Other Exchanges JBGS:USA
Address 4747 Bethesda Avenue, Suite 200, Bethesda, MD, USA, 20814
JBG SMITH Properties is a real estate investment trust based in the United States. It owns, operates, invests in, and develops real estate assets concentrated in amenity-rich, metro-served submarkets in and around Washington, DC. In addition, the company also provides fee-based real estate services to legacy funds through its third-party real estate services business. The operating segments of the company are commercial, multifamily, and third-party real estate services. It generates maximum revenue from the commercial segment.
62GF Score

Get the complete analysis for FRA:JBG

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.60
Price
€18.25
GF Value