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GPTPA.PFD (Gramercy Property Trust) ROE % : 3.15% (As of Jun. 2018)


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What is Gramercy Property Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gramercy Property Trust's annualized net income for the quarter that ended in Jun. 2018 was $97.73 Mil. Gramercy Property Trust's average Total Stockholders Equity over the quarter that ended in Jun. 2018 was $3,104.14 Mil. Therefore, Gramercy Property Trust's annualized ROE % for the quarter that ended in Jun. 2018 was 3.15%.

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

GPTpA.PFD' s ROE % Range Over the Past 10 Years
Min: -2.84   Med: 0.93   Max: 24.04
Current: 3.63

During the past 9 years, Gramercy Property Trust's highest ROE % was 24.04%. The lowest was -2.84%. And the median was 0.93%.

GPTpA.PFD's ROE % is not ranked
in the REITs industry.
Industry Median: 5 vs GPTpA.PFD: 3.63

Gramercy Property Trust ROE % Historical Data

The historical data trend for Gramercy Property 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.

Gramercy Property Trust ROE % Chart

Gramercy Property Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROE %
Get a 7-Day Free Trial Premium Member Only 24.50 4.59 -2.51 1.18 2.89

Gramercy Property Trust Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 1.13 6.54 2.27 3.45 3.15

Competitive Comparison of Gramercy Property Trust's ROE %

For the REIT - Industrial subindustry, Gramercy Property 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.


Gramercy Property Trust's ROE % Distribution in the REITs Industry

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

* The bar in red indicates where Gramercy Property Trust's ROE % falls into.



Gramercy Property Trust ROE % Calculation

Gramercy Property Trust's annualized ROE % for the fiscal year that ended in Dec. 2017 is calculated as

ROE %=Net Income (A: Dec. 2017 )/( (Total Stockholders Equity (A: Dec. 2016 )+Total Stockholders Equity (A: Dec. 2017 ))/ count )
=85.263/( (2752.712+3138.582)/ 2 )
=85.263/2945.647
=2.89 %

Gramercy Property Trust's annualized ROE % for the quarter that ended in Jun. 2018 is calculated as

ROE %=Net Income (Q: Jun. 2018 )/( (Total Stockholders Equity (Q: Mar. 2018 )+Total Stockholders Equity (Q: Jun. 2018 ))/ count )
=97.728/( (3128.858+3079.419)/ 2 )
=97.728/3104.1385
=3.15 %

* 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 (Jun. 2018) net income data. ROE % is displayed in the 30-year financial page.


Gramercy Property Trust  (NYSE:GPTpA.PFD) 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: Jun. 2018 )
=Net Income/Total Stockholders Equity
=97.728/3104.1385
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(97.728 / 582.38)*(582.38 / 6417.862)*(6417.862 / 3104.1385)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.78 %*0.0907*2.0675
=ROA %*Equity Multiplier
=1.52 %*2.0675
=3.15 %

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: Jun. 2018 )
=Net Income/Total Stockholders Equity
=97.728/3104.1385
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (97.728 / 82.768) * (82.768 / 158.48) * (158.48 / 582.38) * (582.38 / 6417.862) * (6417.862 / 3104.1385)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1807 * 0.5223 * 27.21 % * 0.0907 * 2.0675
=3.15 %

Note: The net income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) 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.


Gramercy Property Trust ROE % Related Terms

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


Gramercy Property Trust Business Description

Traded in Other Exchanges
N/A
Address
Gramercy Property Trust is a real estate investment trust engaged in acquisition and management of single-tenant industrial, office, and specialty properties in the U.S. and Europe. In terms of total value, the vast majority of the company's real estate portfolio is split between offices and industrial properties, such as warehouses and distribution centers, located in urban markets throughout the U.S. Gramercy Property derives nearly all of its income in the form of rental revenue from tenants signed to medium- to long-term leases. The company's assets are fairly evenly dispersed between America's large metropolitan areas, such as Dallas, Los Angeles, New York, and Chicago. Gramercy's major tenants include firms from the financial, healthcare, consumer product, and technology industries.
Executives
Nicholas L. Pell officer: Chief Investment Officer 521 5TH AVENUE, 30TH FLOOR, NEW YORK NY 10175
James L Francis director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Charles E Black director 101 W. BROADWAY, SUITE 840, SAN DIEGO CA 92101
Louis P Salvatore director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Gregory F Hughes director
Jon W. Clark officer: CFO 420 LEXINGTON AVE., NEW YORK NY 10170
Benjamin P Harris officer: President WP CAREY & CO LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020
Matey Edward J Jr officer: EVP,Secretary+General Counsel
Allan Baum director 126 PIERREPONT STREET #3, BROOKLYN NY 11201
Jeffrey E Kelter director C/O JACK CREEK INVESTMENT CORP., 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Gordon F Dugan director, officer: CEO 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Hugh O'beirne officer: Chief Legal Officer C/O CHAMBERS STREET PROPERTIES, HULFISH STREET, SUITE 210, PRINCETON NJ 08542
Mark W Brugger director C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 3000, BETHESDA MD 20817