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OLP (One Liberty Properties) ROA % : 2.71% (As of Sep. 2024)


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What is One Liberty Properties ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. One Liberty Properties's annualized Net Income for the quarter that ended in Sep. 2024 was $20.71 Mil. One Liberty Properties's average Total Assets over the quarter that ended in Sep. 2024 was $764.04 Mil. Therefore, One Liberty Properties's annualized ROA % for the quarter that ended in Sep. 2024 was 2.71%.

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

OLP' s ROA % Range Over the Past 10 Years
Min: 2.32   Med: 3.54   Max: 5.49
Current: 4.57

During the past 13 years, One Liberty Properties's highest ROA % was 5.49%. The lowest was 2.32%. And the median was 3.54%.

OLP's ROA % is ranked better than
69.88% of 923 companies
in the REITs industry
Industry Median: 2.45 vs OLP: 4.57

One Liberty Properties ROA % Historical Data

The historical data trend for One Liberty 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.

* Premium members only.

One Liberty Properties ROA % Chart

One Liberty Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 3.53 5.08 5.49 3.83

One Liberty Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.43 7.83 2.72 5.04 2.71

Competitive Comparison of One Liberty Properties's ROA %

For the REIT - Diversified subindustry, One Liberty 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.


One Liberty Properties's ROA % Distribution in the REITs Industry

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

* The bar in red indicates where One Liberty Properties's ROA % falls into.



One Liberty Properties ROA % Calculation

One Liberty Properties's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=29.614/( (783.255+761.606)/ 2 )
=29.614/772.4305
=3.83 %

One Liberty Properties's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=20.708/( (759.23+768.846)/ 2 )
=20.708/764.038
=2.71 %

* 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 (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.


One Liberty Properties  (NYSE:OLP) 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: Sep. 2024 )
=Net Income/Total Assets
=20.708/764.038
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.708 / 88.844)*(88.844 / 764.038)
=Net Margin %*Asset Turnover
=23.31 %*0.1163
=2.71 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


One Liberty Properties ROA % Related Terms

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One Liberty Properties Business Description

Traded in Other Exchanges
Address
60 Cutter Mill Road, Suite 303, Great Neck, NY, USA, 11021
One Liberty Properties Inc is a self-administered and self-managed real estate investment trust. It acquires, owns, and manages a geographically diversified portfolio of industrial, retail, restaurant, health and fitness, and theater properties. OLP owns hundred and ten properties, including three properties owned by consolidated joint ventures and two properties owned by unconsolidated joint ventures. The hundred and ten properties are located in thirty one states. The group generates the majority of its revenue in the form of rental income.
Executives
Justin Clair officer: Assistant Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Leor Siri director 560 CHURCH AVENUE, WOODMERE NY 11598
Jeffrey Gould director, officer: SENIOR VICE PRESIDENT
Lawrence Ricketts officer: VICE PRESIDENT
Charles Biederman director 60CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Mili Mathew officer: Vice President - Financial 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Edward Gellert director 399 PARK AVENUE, NEW YORK NY 10022
Eugene I Zuriff director C/O SMITH WOLLENSKY RESTAURANT GROUP INC, 1114 FIRST AVENUE, NEW YORK NY 10021
Matthew J Gould director, officer: SENIOR VICE PRESIDENT
Mizuho Securities Usa Llc other: See Remarks 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Karen A. Till director 3939 HICKORY STREET, SEAFORD NY 11783
Jesse Robert Lovejoy director RIPPLEWOOD HOLDINGS LLC, ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Benjamin Bolanos officer: Vice President 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021
Gould Investors L P 10 percent owner 60 CUTTER MILL RD, STE 303, GREAT NECK NY 11021-3190
Fredric H Gould director, officer: Chariman of Board 60 CUTTER MILL ROAD, SUITE 303, GREAT NECK NY 11021