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Weingarten Realty Investors (Weingarten Realty Investors) ROE % : 3.16% (As of Jun. 2021)


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What is Weingarten Realty Investors ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Weingarten Realty Investors's annualized net income for the quarter that ended in Jun. 2021 was $50.8 Mil. Weingarten Realty Investors's average Total Stockholders Equity over the quarter that ended in Jun. 2021 was $1,607.0 Mil. Therefore, Weingarten Realty Investors's annualized ROE % for the quarter that ended in Jun. 2021 was 3.16%.

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

WRI' s ROE % Range Over the Past 10 Years
Min: -1.15   Med: 14.28   Max: 20.87
Current: 5.44

During the past 13 years, Weingarten Realty Investors's highest ROE % was 20.87%. The lowest was -1.15%. And the median was 14.28%.

WRI's ROE % is not ranked
in the REITs industry.
Industry Median: 4.195 vs WRI: 5.44

Weingarten Realty Investors ROE % Historical Data

The historical data trend for Weingarten Realty Investors'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.

Weingarten Realty Investors ROE % Chart

Weingarten Realty Investors Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.09 20.87 20.43 19.28 6.76

Weingarten Realty Investors Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROE % 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 2.70 6.02 5.64 6.94 3.16

Competitive Comparison of Weingarten Realty Investors's ROE %

For the REIT - Retail subindustry, Weingarten Realty Investors'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.


Weingarten Realty Investors's ROE % Distribution in the REITs Industry

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

* The bar in red indicates where Weingarten Realty Investors's ROE % falls into.



Weingarten Realty Investors ROE % Calculation

Weingarten Realty Investors's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=112.149/( (1698.315+1618.773)/ 2 )
=112.149/1658.544
=6.76 %

Weingarten Realty Investors's annualized ROE % for the quarter that ended in Jun. 2021 is calculated as

ROE %=Net Income (Q: Jun. 2021 )/( (Total Stockholders Equity (Q: Mar. 2021 )+Total Stockholders Equity (Q: Jun. 2021 ))/ count )
=50.768/( (1614.635+1599.362)/ 2 )
=50.768/1606.9985
=3.16 %

* 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 (Jun. 2021) net income data. ROE % is displayed in the 30-year financial page.


Weingarten Realty Investors  (NYSE:WRI) 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: Jun. 2021 )
=Net Income/Total Stockholders Equity
=50.768/1606.9985
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50.768 / 490.66)*(490.66 / 3887.154)*(3887.154 / 1606.9985)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.35 %*0.1262*2.4189
=ROA %*Equity Multiplier
=1.31 %*2.4189
=3.16 %

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: Jun. 2021 )
=Net Income/Total Stockholders Equity
=50.768/1606.9985
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (50.768 / 40.968) * (40.968 / 127.6) * (127.6 / 490.66) * (490.66 / 3887.154) * (3887.154 / 1606.9985)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2392 * 0.3211 * 26.01 % * 0.1262 * 2.4189
=3.16 %

Note: The net income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) 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.


Weingarten Realty Investors ROE % Related Terms

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


Weingarten Realty Investors (Weingarten Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
2600 Citadel Plaza Drive, Suite 125, Houston, TX, USA, 77008
Weingarten, founded in 1948, is a self-advised REIT that owns, acquires, and develops neighborhood shopping centers. Ownership interest in more than 300 retail assets (47 msf) is diversified in 22 states with the top 10 tenants accounting for 14% of revenue. The largest state concentrations are Texas, Florida, and California, comprising 67% of rents. Economic occupancy is 91.2% and 75% of tenants are national/regional. Differentiating Weingarten is a 9% inside ownership in its outstanding shares, compared with a 1%-3% REIT industry average.
Executives
Shelaghmichael C. Brown director 1511 NANTUCKET, HOUSTON TX 77057
C Park Shaper director 1001 LOUISIANA, STE 1000, HOUSTON TX 77002
Marc J Shapiro director J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Thomas L Ryan director 1929 ALLEN PARKWAY, HOUSTON TX 77219
Stephen A Lasher director
Douglas W Schnitzer director
Andrew M Alexander director, officer: CHAIRMAN/CEO/PRESIDENT
Stephen C Richter officer: EXEC VP/CFO
Johnny Hendrix officer: Executive VP/COO
Stanford J Alexander director, officer: CHAIRMAN 2600 JCITADEL PLAZA DRIVE HOUSTON TX 77008
James W Crownover director
Melvin A Dow director
Robert J Cruikshank director 2001 KIRBY, SUITE 313, HOUSTON TX 77019
Martin Debrovner officer: VICE CHAIRMAN
J Murry Bowden director 2600 CITADEL PLAZA DRIVE STE. 300 HOUSTON TX 77008

Weingarten Realty Investors (Weingarten Realty Investors) Headlines