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Brandywine Realty Trust (Brandywine Realty Trust) ROE %

: -44.55% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Brandywine Realty Trust's annualized net income for the quarter that ended in Dec. 2023 was $-629.1 Mil. Brandywine Realty Trust's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,412.2 Mil. Therefore, Brandywine Realty Trust's annualized ROE % for the quarter that ended in Dec. 2023 was -44.55%.

The historical rank and industry rank for Brandywine Realty Trust's ROE % or its related term are showing as below:

BDN' s ROE % Range Over the Past 10 Years
Min: -13.37   Med: 2.05   Max: 17.6
Current: -12.97

During the past 13 years, Brandywine Realty Trust's highest ROE % was 17.60%. The lowest was -13.37%. And the median was 2.05%.

BDN's ROE % is ranked worse than
91.25% of 800 companies
in the REITs industry
Industry Median: 4.305 vs BDN: -12.97

Brandywine Realty Trust ROE % Historical Data

The historical data trend for Brandywine Realty Trust'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.

Brandywine Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.97 17.60 0.71 3.25 -13.37

Brandywine Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only 7.29 -1.31 -3.25 -5.64 -44.55

Competitive Comparison

For the REIT - Office subindustry, Brandywine Realty Trust'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.


Brandywine Realty Trust ROE % Distribution

For the REITs industry and Real Estate sector, Brandywine Realty Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Brandywine Realty Trust's ROE % falls into.



Brandywine Realty Trust ROE % Calculation

Brandywine Realty Trust'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 )
=-196.789/( (1625.632+1317.384)/ 2 )
=-196.789/1471.508
=-13.37 %

Brandywine Realty Trust'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 )
=-629.12/( (1507.024+1317.384)/ 2 )
=-629.12/1412.204
=-44.55 %

* 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.


Brandywine Realty Trust  (NYSE:BDN) 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
=-629.12/1412.204
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-629.12 / 520.68)*(520.68 / 3827.555)*(3827.555 / 1412.204)
=Net Margin %*Asset Turnover*Equity Multiplier
=-120.83 %*0.136*2.7103
=ROA %*Equity Multiplier
=-16.43 %*2.7103
=-44.55 %

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
=-629.12/1412.204
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-629.12 / -630.868) * (-630.868 / 113.492) * (113.492 / 520.68) * (520.68 / 3827.555) * (3827.555 / 1412.204)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9972 * -5.5587 * 21.8 % * 0.136 * 2.7103
=-44.55 %

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.


Brandywine Realty Trust ROE % Related Terms

Thank you for viewing the detailed overview of Brandywine Realty Trust's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Brandywine Realty Trust (Brandywine Realty Trust) Business Description

Traded in Other Exchanges
Address
2929 Arch Street, Suite 1800, Philadelphia, PA, USA, 19104
Brandywine Realty Trust engaged in the acquisition, development, redevelopment, ownership, management, and operation of a portfolio of office, life science/lab, residential, and mixed-use properties. The company owned and managed properties within five segments. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Pennsylvania Suburbs segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Austin, Texas segment includes properties in the City of Austin, Texas. The Metropolitan Washington, D.C. segment includes properties in Northern Virginia, Washington, D.C. and Southern Maryland. The Other segment includes properties in Camden County, New Jersey and New Castle County, Delaware.
Executives
Joan Lau director C/O RENOVACOR, INC., 5 MEAD POINT DRIVE, GREENWICH CT 06830
Michael Joyce director 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462
Tom Wirth officer: Executive Vice President C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
William D Redd officer: Executive Vice President 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087
H Jeffrey Devuono officer: Executive Vice President 401 PLYMOUTH RD, STE 500, PLYMOUTH MEETING PA 19462
Reginald Desroches director C/O BRANDYWINE REALTY TRUST, 2929 WALNUT STREET, SUITE 1700, PHILADELPHIA PA 19104
Wyche Fowler director 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462
Shawn Neuman officer: General Counsel & Secretary C/O LIBERTY PROPERTY TRUST, SUITE 400, WAYNE PA 19087
Gerard H Sweeney director, officer: President and CEO 200 BERWYN PARK, STE 100, BERWYN PA 19312
Daniel A Palazzo officer: VP & Chief Accounting Officer 555 EAST LANCASTER AVE., SUITE 100, RADNOR PA 19087
Nichols Anthony A Sr director
James C Diggs director 1000 SIX PPG PL, PITTSBURGH PA 15222
Terri A Herubin director 2929 WALNUT STREET, SUITE 1700, PHILADELPHIA PA 19104
Haverstick H Richard Jr director 26 WRENTHAM DRIVE, MEDFORD NJ 08055
Rice Jennifer Matthews officer: VP of Legal Affairs 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087