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Net Lease Office Properties (Net Lease Office Properties) ROE % : -64.56% (As of Dec. 2023)


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What is Net Lease Office Properties ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Net Lease Office Properties's annualized net income for the quarter that ended in Dec. 2023 was $-568.31 Mil. Net Lease Office Properties's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $880.28 Mil. Therefore, Net Lease Office Properties's annualized ROE % for the quarter that ended in Dec. 2023 was -64.56%.

The historical rank and industry rank for Net Lease Office Properties's ROE % or its related term are showing as below:

NLOP' s ROE % Range Over the Past 10 Years
Min: -15.17   Med: 0.8   Max: 1.52
Current: -15.17

During the past 5 years, Net Lease Office Properties's highest ROE % was 1.52%. The lowest was -15.17%. And the median was 0.80%.

NLOP's ROE % is ranked worse than
93.45% of 794 companies
in the REITs industry
Industry Median: 4.325 vs NLOP: -15.17

Net Lease Office Properties ROE % Historical Data

The historical data trend for Net Lease Office 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.

* Premium members only.

Net Lease Office Properties ROE % Chart

Net Lease Office Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- 1.52 0.13 1.46 -14.76

Net Lease Office Properties Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only - 0.74 - 1.17 -64.56

Competitive Comparison of Net Lease Office Properties's ROE %

For the REIT - Office subindustry, Net Lease Office 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.


Net Lease Office Properties's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Net Lease Office Properties's ROE % distribution charts can be found below:

* The bar in red indicates where Net Lease Office Properties's ROE % falls into.



Net Lease Office Properties ROE % Calculation

Net Lease Office 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 )
=-131.746/( (1107.776+677.009)/ 2 )
=-131.746/892.3925
=-14.76 %

Net Lease Office Properties's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-568.312/( (1083.554+677.009)/ 2 )
=-568.312/880.2815
=-64.56 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Net Lease Office Properties  (NYSE:NLOP) 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. 2023 )
=Net Income/Total Stockholders Equity
=-568.312/880.2815
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-568.312 / 185.576)*(185.576 / 1362.006)*(1362.006 / 880.2815)
=Net Margin %*Asset Turnover*Equity Multiplier
=-306.24 %*0.1363*1.5472
=ROA %*Equity Multiplier
=-41.74 %*1.5472
=-64.56 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-568.312/880.2815
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-568.312 / -568.036) * (-568.036 / 19.792) * (19.792 / 185.576) * (185.576 / 1362.006) * (1362.006 / 880.2815)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0005 * -28.7003 * 10.67 % * 0.1363 * 1.5472
=-64.56 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Net Lease Office Properties ROE % Related Terms

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Net Lease Office Properties (Net Lease Office Properties) Business Description

Traded in Other Exchanges
N/A
Address
395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001
Website
Net Lease Office Properties is a real estate investment trust. Through its subsidiaries it owns, operates and finance office building. Its properties are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its portfolio includes approximately 1.5 million square feet of Green-Certified Buildings, 4 LEED-Certified Buildings and 1 BREEAM-Certified Building.
Executives
Richard J Pinola director BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Hansing Axel K.a. director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jean Hoysradt director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
John J Park director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox officer: CHIEF EXECUTIVE OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Toniann Sanzone officer: CHIEF FINANCIAL OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brian H Zander officer: CHIEF ACCOUNTING OFFICER C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
W. P. Carey Inc. 10 percent owner ONE MANHATTAN WEST, 395 9TH AVENUE, 58TH FLOOR, NEW YORK NY 10001

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