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Healthcare Trust (Healthcare Trust) ROE % : -7.02% (As of Mar. 2024)


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What is Healthcare Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Healthcare Trust's annualized net income for the quarter that ended in Mar. 2024 was $-62.20 Mil. Healthcare Trust's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $885.92 Mil. Therefore, Healthcare Trust's annualized ROE % for the quarter that ended in Mar. 2024 was -7.02%.

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

HTIA.PFD' s ROE % Range Over the Past 10 Years
Min: -8.56   Med: -7.85   Max: -7.37
Current: -7.97

During the past 6 years, Healthcare Trust's highest ROE % was -7.37%. The lowest was -8.56%. And the median was -7.85%.

HTIA.PFD's ROE % is ranked worse than
87.31% of 796 companies
in the REITs industry
Industry Median: 4.405 vs HTIA.PFD: -7.97

Healthcare Trust ROE % Historical Data

The historical data trend for Healthcare 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.

Healthcare Trust ROE % Chart

Healthcare Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -7.98 -7.37 -8.56 -7.85 -7.66

Healthcare Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.74 -7.21 -6.83 -10.86 -7.02

Competitive Comparison of Healthcare Trust's ROE %

For the REIT - Healthcare Facilities subindustry, Healthcare 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.


Healthcare Trust's ROE % Distribution in the REITs Industry

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

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



Healthcare Trust ROE % Calculation

Healthcare 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 )
=-72.298/( (992.639+894.154)/ 2 )
=-72.298/943.3965
=-7.66 %

Healthcare Trust's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-62.2/( (894.154+877.685)/ 2 )
=-62.2/885.9195
=-7.02 %

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


Healthcare Trust  (NAS:HTIA.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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-62.2/885.9195
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-62.2 / 353.196)*(353.196 / 2139.4285)*(2139.4285 / 885.9195)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17.61 %*0.1651*2.4149
=ROA %*Equity Multiplier
=-2.91 %*2.4149
=-7.02 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-62.2/885.9195
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-62.2 / -61.92) * (-61.92 / -2.872) * (-2.872 / 353.196) * (353.196 / 2139.4285) * (2139.4285 / 885.9195)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0045 * 21.5599 * -0.81 % * 0.1651 * 2.4149
=-7.02 %

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


Healthcare Trust ROE % Related Terms

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


Healthcare Trust (Healthcare Trust) Business Description

Traded in Other Exchanges
Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Healthcare Trust Inc is a Real estate investment trust in the United States. It invests in healthcare real estate, focusing on seniors housing properties and medical office buildings. The company also invests in facilities leased to hospitals, rehabilitation hospitals, long-term acute care centers, surgery centers, inpatient rehabilitation facilities, special medical and diagnostic service providers, laboratories, and research firms among others. It has two segments medical office and other healthcare-related buildings and senior housing operating properties.
Executives
Michael Ray Anderson officer: Chief Executive Officer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Michael S Anderson officer: Chief Executive Officer 10-1 BLANCHARDSTOWN CORPORATE PARK, BALLYCOOLIN, DUBLIN L2 15
Scott M. Lappetito officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Jason F. Doyle officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Buddie J Penn director 405 PARK AVENUE, NEW YORK NY 10022
Lee M Elman director 405 PARK AVENUE, NEW YORK NY 10022
Katie P Kurtz officer: CFO, Treasurer and Secretary 405 PARK AVENUE, THIRD FLOOR, NEW YORK NY 10022
Edward G Rendell director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Leslie D Michelson director PRIVATE HEALTH MANAGEMENT, 9200 SUNSET BLVD, SUITE 110, LOS ANGELES CA 90069
Randolph C Read director, other: CHAIRMAN C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
David Gong director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Thomas P Darcy officer: Chief Executive Officer 405 PARK AVENUE, NEW YORK NY 10022
William Todd Jensen officer: See Remarks 405 PARK AVE., 15TH FLOOR, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022

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