GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Regency Centers Corp (NAS:REG) » Definitions » Return-on-Tangible-Equity

Regency Centers (Regency Centers) Return-on-Tangible-Equity : 6.67% (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Regency Centers Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Regency Centers's annualized net income for the quarter that ended in Mar. 2024 was $439 Mil. Regency Centers's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $6,584 Mil. Therefore, Regency Centers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 6.67%.

The historical rank and industry rank for Regency Centers's Return-on-Tangible-Equity or its related term are showing as below:

REG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.8   Med: 6.17   Max: 10.26
Current: 6.05

During the past 13 years, Regency Centers's highest Return-on-Tangible-Equity was 10.26%. The lowest was 0.80%. And the median was 6.17%.

REG's Return-on-Tangible-Equity is ranked better than
59.22% of 792 companies
in the REITs industry
Industry Median: 4.595 vs REG: 6.05

Regency Centers Return-on-Tangible-Equity Historical Data

The historical data trend for Regency Centers's Return-on-Tangible-Equity 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.

Regency Centers Return-on-Tangible-Equity Chart

Regency Centers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 0.80 6.41 8.48 5.92

Regency Centers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity 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 6.81 6.09 5.90 5.45 6.67

Competitive Comparison of Regency Centers's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Regency Centers's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Regency Centers's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Regency Centers's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Regency Centers's Return-on-Tangible-Equity falls into.



Regency Centers Return-on-Tangible-Equity Calculation

Regency Centers's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=364.557/( (5732.178+6582.25 )/ 2 )
=364.557/6157.214
=5.92 %

Regency Centers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=439.096/( (6582.25+6585.818)/ 2 )
=439.096/6584.034
=6.67 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Regency Centers  (NAS:REG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Regency Centers Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Regency Centers's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Regency Centers (Regency Centers) Business Description

Industry
Traded in Other Exchanges
Address
One Independent Drive, Suite 114, Jacksonville, FL, USA, 32202-5019
Regency Centers is the largest shopping center-focused retail REIT. The company's portfolio includes an interest in 480 properties, which includes nearly 57 million square feet of retail space following the completion of the Urstadt Biddle acquisition in August 2023. The portfolio is geographically diversified with 22 regional offices and no single market representing more than 14% of total company net operating income. Regency's retail portfolio is primarily composed of grocery-anchored centers, with 80% of properties featuring a grocery anchor and grocery stores representing 20% of annual base rent.
Executives
Stein Martin E Jr director, officer: Chairman and CEO ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Alan Todd Roth officer: Managing Director 1919 GALLOWS ROAD SUITE 1000, VIENNA VA 22182
Michael J Mas officer: EVP and CFO 2764 SHADE TREE DRIVE, FLEMING ISLAND FL 32003
Nicholas Andrew Wibbenmeyer officer: EVP, W. Regional Pres. 1211 W 22ND STREET SUITE 300, OAK BROOK IL 60523
Deirdre Evens director 10 STILLMEADOW WAY, FRAMINGHAM MA 01702
Simmons James H. Iii director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Thomas W Furphy director C/O REGENCY CENTERS CORPORATION, 1 INDEPENDENT DRIVE, SUITE 1300, JACKSONVILLE FL 32202
Bryce Blair director
David P Oconnor director C/O HIGH RISE, 325 NORTH AVENUE E, WESTFIELD NJ 07090
Karin Klein director C/O PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Peter Linneman director 1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
Kristin Ann Campbell director 500 STAPLES DRIVE, FRAMINGHAM MA 01702
Terah L Devereaux officer: Principal Accounting Officer ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Lisa Palmer officer: Chief Financial Officer C/O REGENCY CENTERS CORPORATION, ONE INDEPENDENT DR., SUITE 114, JACKSONVILLE FL 32202
Thomas G Wattles director ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202

Regency Centers (Regency Centers) Headlines

From GuruFocus

Q2 2023 Regency Centers Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Regency Centers Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Regency Centers Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Regency Centers Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Regency Centers Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Regency Centers Corp at NAREIT REITWeek Transcript

By GuruFocus Research 01-23-2024