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CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) EBITDA per Share : $0.53 (TTM As of Mar. 2024)


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What is CIM Real Estate Finance Trust EBITDA per Share?

CIM Real Estate Finance Trust's EBITDA per Share for the three months ended in Mar. 2024 was $0.08. Its EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.53.

During the past 12 months, the average EBITDA per Share Growth Rate of CIM Real Estate Finance Trust was -45.90% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 24.80% per year. During the past 5 years, the average EBITDA per Share Growth Rate was -3.50% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 12.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for CIM Real Estate Finance Trust's EBITDA per Share or its related term are showing as below:

CMRF' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -26.9   Med: 7.3   Max: 129.4
Current: 24.8

During the past 12 years, the highest 3-Year average EBITDA per Share Growth Rate of CIM Real Estate Finance Trust was 129.40% per year. The lowest was -26.90% per year. And the median was 7.30% per year.

CMRF's 3-Year EBITDA Growth Rate is ranked better than
77.71% of 471 companies
in the REITs industry
Industry Median: 6.2 vs CMRF: 24.80

CIM Real Estate Finance Trust's EBITDA for the three months ended in Mar. 2024 was $35.6 Mil.

During the past 12 months, the average EBITDA Growth Rate of CIM Real Estate Finance Trust was -45.80% per year. During the past 3 years, the average EBITDA Growth Rate was 39.70% per year. During the past 5 years, the average EBITDA Growth Rate was 4.70% per year. During the past 10 years, the average EBITDA Growth Rate was 16.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 12 years, the highest 3-Year average EBITDA Growth Rate of CIM Real Estate Finance Trust was 132.90% per year. The lowest was -26.90% per year. And the median was 7.40% per year.


CIM Real Estate Finance Trust EBITDA per Share Historical Data

The historical data trend for CIM Real Estate Finance Trust's EBITDA per Share 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.

CIM Real Estate Finance Trust EBITDA per Share Chart

CIM Real Estate Finance Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 0.39 0.73 0.87 0.76

CIM Real Estate Finance Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBITDA per Share 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 0.31 0.23 0.15 0.07 0.08

CIM Real Estate Finance Trust EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

CIM Real Estate Finance Trust's EBITDA per Share for the fiscal year that ended in Dec. 2023 is calculated as

EBITDA per Share(A: Dec. 2023 )
=EBITDA/Shares Outstanding (Diluted Average)
=331.386/437.375
=0.76

CIM Real Estate Finance Trust's EBITDA per Share for the quarter that ended in Mar. 2024 is calculated as

EBITDA per Share(Q: Mar. 2024 )
=EBITDA/Shares Outstanding (Diluted Average)
=35.576/437.265
=0.08

EBITDA per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.53

* 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.


CIM Real Estate Finance Trust  (OTCPK:CMRF) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


CIM Real Estate Finance Trust EBITDA per Share Related Terms

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CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Business Description

Traded in Other Exchanges
N/A
Address
2398 East Camelback Road, 4th Floor, Phoenix, AZ, USA, 85016
CIM Real Estate Finance Trust Inc is a real estate investment trust. The company invests in commercial real estate investments consisting of necessity retail properties located throughout the United States. The company operates a diversified portfolio of core commercial real estate consisting of net leased properties located throughout the United States and short-duration senior secured loans and other credit investments.
Executives
Jason K Schreiber director 263 NINTH AVENUE APARTMENT 9B, NEW YORK NY 10001
Krol Emily Vande director 30003 N. 68TH STREET, SCOTTSDALE AZ 85266
Roger Snell director 2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Stephen O Evans director 5825 EAST STARLIGHT WAY, PARADISE VALLEY AZ 85253
Gary Robert A Iv director 1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Calvin E Hollis director 2325 E. CAMELBACK ROAD, 10TH FLOOR, PHOENIX AZ 85016
Marcus E Bromley director
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Avraham Shemesh director C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
W Brian Kretzmer director 26110 ENTERPRISE WAY, STE 200, LAKE FOREST CA 92630
Richard S Ressler director, officer: CEO & President C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Smith Jeffrey Randall Jr officer: See Remarks COLE CAPITAL, 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Nathan David Debacker officer: See Remarks 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Glenn J Rufrano director C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036

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