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Cousins Properties (Cousins Properties) Return-on-Tangible-Equity

: 1.70% (As of Dec. 2023)
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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. Cousins Properties's annualized net income for the quarter that ended in Dec. 2023 was $75.1 Mil. Cousins Properties's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $4,426.1 Mil. Therefore, Cousins Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 1.70%.

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

CUZ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.86   Med: 4.34   Max: 9.02
Current: 1.86

During the past 13 years, Cousins Properties's highest Return-on-Tangible-Equity was 9.02%. The lowest was 1.86%. And the median was 4.34%.

CUZ's Return-on-Tangible-Equity is ranked worse than
63.03% of 798 companies
in the REITs industry
Industry Median: 4.595 vs CUZ: 1.86

Cousins Properties Return-on-Tangible-Equity Historical Data

The historical data trend for Cousins Properties'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.

Cousins Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.48 5.66 6.42 3.75 1.86

Cousins Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 2.15 1.98 2.03 1.74 1.70

Competitive Comparison

For the REIT - Office subindustry, Cousins Properties'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.


Cousins Properties Return-on-Tangible-Equity Distribution

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

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



Cousins Properties Return-on-Tangible-Equity Calculation

Cousins Properties'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 )
=82.963/( (4489.424+4413.484 )/ 2 )
=82.963/4451.454
=1.86 %

Cousins Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=75.14/( (4438.619+4413.484)/ 2 )
=75.14/4426.0515
=1.70 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cousins Properties  (NYSE:CUZ) 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.


Cousins Properties Return-on-Tangible-Equity Related Terms

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


Cousins Properties (Cousins Properties) Business Description

Traded in Other Exchanges
Address
3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio primarily comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.
Executives
Pamela F Roper officer: Senior Vice President 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Scott W Fordham director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Dionne Nelson director 3344 PEACHTREE ROAD, NE, SUITE 1800, ATLANTA GA 30326
Jane Kennedy Hicks officer: Executive VP, Investments 1820 PEACHTREE RD NW, #502, ATLANTA GA 30309
Hickson Richard G Iv officer: Executive Vice President 3344 PEACHTREE ROAD NE SUITE 1800, ATLANTA GA 30326
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Gellerstedt Lawrence L Iii officer: President-Office/Multi-Fam Div 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
John S Mccoll officer: Senior Vice President 3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Edward Manuel Casal director 3344 PEACHTREE ROAD NE, STE 1800, ATLANTA GA 30326
S Taylor Glover director 3344 PEACHTREE ROAD NE STE 1800, ATLANTA 2Q 30326
Lillian C Giornelli director 3344 PEACHTREE ROAD STE 1800, ATLANTA GA 30326
Kelvin L. Davis director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Brenda J Mixson director P.O.BOX 697, ST. HELENA CA 94574
Charles T Cannada director 3344 PEACHTREE ROAD STE 1800, ATLANTA GA 30326