GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Franklin BSP Realty Trust Inc (NYSE:FBRT) » Definitions » ROE %

FBRT (Franklin BSP Realty Trust) ROE % : 8.33% (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Franklin BSP Realty Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Franklin BSP Realty Trust's annualized net income for the quarter that ended in Sep. 2024 was $126.5 Mil. Franklin BSP Realty Trust's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $1,517.8 Mil. Therefore, Franklin BSP Realty Trust's annualized ROE % for the quarter that ended in Sep. 2024 was 8.33%.

The historical rank and industry rank for Franklin BSP Realty Trust's ROE % or its related term are showing as below:

FBRT' s ROE % Range Over the Past 10 Years
Min: 0.88   Med: 6.11   Max: 10.83
Current: 6.18

During the past 9 years, Franklin BSP Realty Trust's highest ROE % was 10.83%. The lowest was 0.88%. And the median was 6.11%.

FBRT's ROE % is ranked better than
58.46% of 922 companies
in the REITs industry
Industry Median: 5 vs FBRT: 6.18

Franklin BSP Realty Trust ROE % Historical Data

The historical data trend for Franklin BSP Realty Trust's ROE % 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.

Franklin BSP Realty Trust ROE % Chart

Franklin BSP Realty Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only 10.83 6.78 2.05 0.88 9.30

Franklin BSP Realty Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % 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 8.10 7.68 9.22 -0.57 8.33

Competitive Comparison of Franklin BSP Realty Trust's ROE %

For the REIT - Mortgage subindustry, Franklin BSP Realty Trust's ROE %, along with its competitors' market caps and ROE % 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.


Franklin BSP Realty Trust's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Franklin BSP Realty Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Franklin BSP Realty Trust's ROE % falls into.



Franklin BSP Realty Trust ROE % Calculation

Franklin BSP Realty Trust's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=145.215/( (1562.98+1559.114)/ 2 )
=145.215/1561.047
=9.30 %

Franklin BSP Realty Trust's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=126.456/( (1519.11+1516.449)/ 2 )
=126.456/1517.7795
=8.33 %

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


Franklin BSP Realty Trust  (NYSE:FBRT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=126.456/1517.7795
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(126.456 / 558.216)*(558.216 / 6302.156)*(6302.156 / 1517.7795)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.65 %*0.0886*4.1522
=ROA %*Equity Multiplier
=2.01 %*4.1522
=8.33 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=126.456/1517.7795
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (126.456 / 121.528) * (121.528 / 136.488) * (136.488 / 558.216) * (558.216 / 6302.156) * (6302.156 / 1517.7795)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0406 * 0.8904 * 24.45 % * 0.0886 * 4.1522
=8.33 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Franklin BSP Realty Trust ROE % Related Terms

Thank you for viewing the detailed overview of Franklin BSP Realty Trust's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin BSP Realty Trust Business Description

Traded in Other Exchanges
Address
1345 Avenue of the Americas, Suite 32A, New York, NY, USA, 10105
Franklin BSP Realty Trust Inc is a private real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt, and first mortgage loans. secured by properties located in the United States.
Executives
Michael Comparato officer: President C/O FRANKLIN BSP REALTY TRUST, INC., 1345 AVENUE OF THE AMERICAS, SUITE 32A, NEW YORK NY 10105
Joe Dumars director 1400 SCENIC COURT, BLOOMFIELD HILLS MI 48302
Buford H Ortale director 104 WRAUDMONT BOULEVARD, SUITE 240, NASHVILLE TN 37205
Richard J Byrne director, officer: Chairman, CEO and President 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jerome S. Baglien officer: CFO, COO and Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Gary Keiser director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Patsy Joseph Augustine director 8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Jamie Handwerker director 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Peter J Mcdonough director 405 PARK AVENUE, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Matthew Donnelly officer: President and COO 405 PARK AVENUE, NEW YORK NY 10022
Donald R Ramon officer: CFO, Secretary and Treasurer INVESCO LTD., 1555 PEACHTREE STREET NE, ATLANTA GA 30309
William M Kahane director AMERICAN REALTY CAPITAL, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: Chairman of Bd. of Dir. & CEO