Tritax Big Box REIT (LSE:BBOX) ROE %: 8.11% (As of Dec. 2025) — 17% Below Median


LSE:BBOX Tritax Big Box REIT PLC LSE:BBOX
36 GF Score
Price £1.61
! 6 Warning Signs
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What is Tritax Big Box REIT ROE %?

Tritax Big Box REIT LSE:BBOX -0.19% 36 ROE % is 8.11% as of Dec. 2025, which is 17% below its 10-year median of 9.72. GuruFocus rates LSE:BBOX with a GF Score™ of 36/100. The stock has 6 warning signs investors should review. Among 933 REITs companies, Tritax Big Box REIT ranks better than 61.52% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tritax Big Box REIT's annualized net income for the quarter that ended in Dec. 2025 was £393.0 Mil. Tritax Big Box REIT's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was £4,845.7 Mil. Therefore, Tritax Big Box REIT's annualized ROE % for the quarter that ended in Dec. 2025 was 8.11%.

The historical rank and industry rank for Tritax Big Box REIT's ROE % or its related term are showing as below:

LSE:BBOX' s ROE % Range Over the Past 10 Years
Min: -16.14   Med: 9.72   Max: 27.8
Current: 7.64

During the past 12 years, Tritax Big Box REIT's highest ROE % was 27.80%. The lowest was -16.14%. And the median was 9.72%.

LSE:BBOX's ROE % is ranked better than
61.52% of 933 companies
in the REITs industry
Industry Median: 6.15 vs LSE:BBOX: 7.64

Tritax Big Box REIT  (LSE:BBOX) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=393/4845.7
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(393 / 427.8)*(427.8 / 7516.55)*(7516.55 / 4845.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=91.87 %*0.0569*1.5512
=ROA %*Equity Multiplier
=5.23 %*1.5512
=8.11 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=393/4845.7
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (393 / 390) * (390 / 427.8) * (427.8 / 7516.55) * (7516.55 / 4845.7)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.0077 * 91.16 % * 0.0569 * 1.5512
=8.11 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Tritax Big Box REIT ROE % Related Terms


Tritax Big Box REIT ROE % Historical Data

* Premium members only.

The historical data trend for Tritax Big Box REIT'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.

Tritax Big Box REIT ROE % Chart

Tritax Big Box REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.80 -16.14 2.09 11.28 7.55

Tritax Big Box REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -1.83 9.68 11.53 7.25 8.11

LSE:BBOX vs PLD, PSA, EXR: ROE % Comparison

For the REIT - Industrial subindustry, Tritax Big Box REIT'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.


Tritax Big Box REIT ROE % vs REITs Industry

For the REITs industry and Real Estate sector, Tritax Big Box REIT's ROE % distribution charts can be found below:

* The bar in red indicates where Tritax Big Box REIT's ROE % falls into.


LSE:BBOX
36GF Score
Tritax Big Box REIT PLC LSE:BBOX
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tritax Big Box REIT ROE % Calculation

Tritax Big Box REIT's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=363.3/( (4567.4+5058.9)/ 2 )
=363.3/4813.15
=7.55 %

Tritax Big Box REIT's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=393/( (4632.5+5058.9)/ 2 )
=393/4845.7
=8.11 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.11% mean?
Tritax Big Box REIT (LSE:BBOX) has a ROE % of 8.11% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tritax Big Box REIT and its competitors. This is 17% below median its historical median of 9.72. According to the industry distribution chart, Tritax Big Box REIT ranks #359 out of 933 companies in the REITs industry, placing it in the top 38.5%.
Is Tritax Big Box REIT's ROE % too high?
Tritax Big Box REIT's current ROE % of 8.11% is 17% below median its 10-year median of 9.72. The REITs industry median ROE % is 6.15. Tritax Big Box REIT's value of 8.11% is 31.9% above this industry median. Based on the distribution chart, Tritax Big Box REIT ranks #359 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Tritax Big Box REIT has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Tritax Big Box REIT's ROE % compare to PLD and PSA?
According to the REITs industry distribution chart, Tritax Big Box REIT ranks #359 out of 933 companies for ROE %. This puts Tritax Big Box REIT in the upper half of its industry. The industry median ROE % is 6.15. Tritax Big Box REIT's value of 8.11% is 31.9% above this benchmark. While the company's 10-year median is 9.72 vs. the industry median of 6.15, Tritax Big Box REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a REITs company?
The median ROE % among REITs companies is 6.15, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tritax Big Box REIT's current ROE % of 8.11% is 31.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tritax Big Box REIT and its competitors. For the REITs industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tritax Big Box REIT's current ROE % is 8.11%, which is 17% below median its own 10-year median of 9.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tritax Big Box REIT stock overvalued right now?
Tritax Big Box REIT (LSE:BBOX) has a current ROE % of 8.11%. The current ROE % is 8.11%, which is 17% below median its 10-year median of 9.72 and 31.9% above the REITs industry median of 6.15. Tritax Big Box REIT's overall GF Score™ is 36/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tritax Big Box REIT (LSE:BBOX), the current ROE % is 8.11% as of Dec. 2025. 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.

Tritax Big Box REIT Business Description

Industry Real EstateREITs
Address 72 Broadwick Street, London, GBR, W1F 9QZ
Tritax Big Box REIT PLC is a UK-based real estate investment trust. It owns, manages, and develops critical logistics real estate in the UK. The company is engaged in a single segment business, being the investment in UK logistics assets and land options with a view to developing logistics and holding these for investment purposes. The company proactively manages its 100-plus assets - from small to big boxes - using its sector specialism and deep market insights to stay ahead of trends and meet its clients' evolving needs.
36GF Score

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

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