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Weingarten Realty Investors (Weingarten Realty Investors) EBITDA : $300.7 Mil (TTM As of Jun. 2021)


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What is Weingarten Realty Investors EBITDA?

Weingarten Realty Investors's EBITDA for the three months ended in Jun. 2021 was $71.7 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Jun. 2021 was $300.7 Mil.

During the past 12 months, the average EBITDA Growth Rate of Weingarten Realty Investors was -27.70% per year. During the past 3 years, the average EBITDA Growth Rate was -20.40% per year. During the past 5 years, the average EBITDA Growth Rate was -2.20% per year. During the past 10 years, the average EBITDA Growth Rate was 8.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Weingarten Realty Investors was 44.20% per year. The lowest was -28.80% per year. And the median was 10.30% per year.

Weingarten Realty Investors's EBITDA per Share for the three months ended in Jun. 2021 was $0.56. Its EBITDA per share for the trailing twelve months (TTM) ended in Jun. 2021 was $2.35.

During the past 12 months, the average EBITDA per Share Growth Rate of Weingarten Realty Investors was -26.50% per year. During the past 3 years, the average EBITDA per Share Growth Rate was -20.00% per year. During the past 5 years, the average EBITDA per Share Growth Rate was -2.70% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Weingarten Realty Investors was 43.40% per year. The lowest was -35.70% per year. And the median was 5.00% per year.


Weingarten Realty Investors EBITDA Historical Data

The historical data trend for Weingarten Realty Investors's EBITDA 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 EBITDA Chart

Weingarten Realty Investors Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 508.58 571.05 546.84 492.93 288.53

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
EBITDA 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 62.01 75.14 73.51 80.39 71.67

Competitive Comparison of Weingarten Realty Investors's EBITDA

For the REIT - Retail subindustry, Weingarten Realty Investors's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Weingarten Realty Investors's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Weingarten Realty Investors's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

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

Weingarten Realty Investors's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2020, Weingarten Realty Investors's EBITDA was $288.5 Mil.

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

Weingarten Realty Investors's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Jun. 2021, Weingarten Realty Investors's EBITDA was $71.7 Mil.

EBITDA for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $300.7 Mil.

* 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.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Weingarten Realty Investors  (NYSE:WRI) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Weingarten Realty Investors EBITDA Related Terms

Thank you for viewing the detailed overview of Weingarten Realty Investors's EBITDA 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