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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. InvenTrust Properties's annualized net income for the quarter that ended in Mar. 2024 was $11.6 Mil. InvenTrust Properties's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $1,551.0 Mil. Therefore, InvenTrust Properties's annualized ROE % for the quarter that ended in Mar. 2024 was 0.75%.
The historical rank and industry rank for InvenTrust Properties's ROE % or its related term are showing as below:
During the past 13 years, InvenTrust Properties's highest ROE % was 12.33%. The lowest was -0.57%. And the median was 2.65%.
The historical data trend for InvenTrust Properties'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.
InvenTrust Properties Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
ROE % | Get a 7-Day Free Trial | 2.09 | -0.57 | -0.32 | 3.29 | 0.33 |
InvenTrust Properties 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 | 0.28 | 0.52 | -0.21 | 0.74 | 0.75 |
For the REIT - Retail subindustry, InvenTrust Properties'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.
For the REITs industry and Real Estate sector, InvenTrust Properties's ROE % distribution charts can be found below:
* The bar in red indicates where InvenTrust Properties's ROE % falls into.
InvenTrust Properties'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 ) |
= | 5.269 | / | ( (1603.909 | + | 1554.044) | / 2 ) | |
= | 5.269 | / | 1578.9765 | ||||
= | 0.33 % |
InvenTrust Properties'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 ) |
= | 11.6 | / | ( (1554.044 | + | 1548.049) | / 2 ) | |
= | 11.6 | / | 1551.0465 | ||||
= | 0.75 % |
* 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.
InvenTrust Properties (NYSE:IVT) 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 | ||
= | 11.6 | / | 1551.0465 | ||
= | (Net Income / Revenue ) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (11.6 / 267.192) | * | (267.192 / 2481.8495) | * | (2481.8495 / 1551.0465) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 4.34 % | * | 0.1077 | * | 1.6001 |
= | ROA % | * | Equity Multiplier | ||
= | 0.47 % | * | 1.6001 | ||
= | 0.75 % |
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 | ||||||
= | 11.6 | / | 1551.0465 | ||||||
= | (Net Income / Pre-Tax Income) | * | (Pre-Tax Income / Operating Income) | * | (Operating Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (11.6 / 11.6) | * | (11.6 / 46.704) | * | (46.704 / 267.192) | * | (267.192 / 2481.8495) | * | (2481.8495 / 1551.0465) |
= | Tax Burden | * | Interest Burden | * | Operating Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 1 | * | 0.2484 | * | 17.48 % | * | 0.1077 | * | 1.6001 |
= | 0.75 % |
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.
Thank you for viewing the detailed overview of InvenTrust Properties's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Smita Shah | director | 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515 |
David Bryson | officer: SVP, Chief Accounting Officer | 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515 |
Michael Douglas Phillips | officer: S.V.P., C.A.O. & Controller | 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515 |
Daniel Busch | officer: E.V.P., C.F.O. & Treasurer | 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515 |
Amanda Elizabeth Black | director | 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515 |
Christy Lynn David | officer: EVP, General Counsel & Sec. | 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515 |
Ivy Zoe Greaner | officer: Chief Operating Officer | 3025 HIGHLAND PARKWAY, DOWNERS GROVE IL 60515 |
Stuart Aitken | director | C/O JOURNAL MEDIA GROUP, INC., 333 WEST STATE STREET, MILWAUKEE WI 53203 |
Adam M Jaworski | officer: SVP/Chief Accounting Officer | 2809 BUTTERFIELD ROAD, OAK BROOK IL 60523 |
Scott A. Nelson | director | 2809 BUTTERFIELD ROAD, SUITE 200, OAK BROOK IL 60523 |
Michael A Stein | director | 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237 |
Julian E Whitehurst | director | |
Anna N Fitzgerald | officer: See Remarks | 191 N WACKER DRIVE, SUITE 1200, CHICAGO IL 60606 |
David F Collins | officer: See Remarks | 2809 BUTTERFIELD ROAD, SUITE 360, OAK BROOK IL 60523 |
Michael E. Podboy | officer: See Remarks | 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523 |
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