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LaSalle Hotel Properties (LaSalle Hotel Properties) Owner Earnings per Share (TTM) : -0.09 (As of Sep. 2018)


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What is LaSalle Hotel Properties Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

LaSalle Hotel Properties does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for LaSalle Hotel Properties's Owner Earnings per Share (TTM) or its related term are showing as below:

LHOpJ.PFD' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 7.03   Med: 17.84   Max: 103.47
Current: 8.11


During the past 13 years, the highest Price-to-Owner-Earnings ratio of LaSalle Hotel Properties was 103.47. The lowest was 7.03. And the median was 17.84.


LHOpJ.PFD's Price-to-Owner-Earnings is not ranked
in the REITs industry.
Industry Median: 15.535 vs LHOpJ.PFD: 8.11

LaSalle Hotel Properties's Earnings per Share (Diluted) for the three months ended in Sep. 2018 was $0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2018 was $2.09. It's PE Ratio ratio for today is 10.57.

LaSalle Hotel Properties's EPS without NRI for the three months ended in Sep. 2018 was $0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2018 was $1.16. It's PE Ratio without NRI ratio for today is 19.05.


LaSalle Hotel Properties Owner Earnings per Share (TTM) Historical Data

The historical data trend for LaSalle Hotel Properties's Owner Earnings per Share (TTM) 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.

LaSalle Hotel Properties Owner Earnings per Share (TTM) Chart

LaSalle Hotel Properties Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Owner Earnings per Share (TTM)
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LaSalle Hotel Properties Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of LaSalle Hotel Properties's Owner Earnings per Share (TTM)

For the REIT - Hotel & Motel subindustry, LaSalle Hotel Properties's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


LaSalle Hotel Properties's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, LaSalle Hotel Properties's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where LaSalle Hotel Properties's Price-to-Owner-Earnings falls into.



LaSalle Hotel Properties Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

LaSalle Hotel Properties does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


LaSalle Hotel Properties Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of LaSalle Hotel Properties's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description

Traded in Other Exchanges
N/A
Address
LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.
Executives
Jeffrey L Martin director 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Kenneth G Fuller officer: EVP, CFO, Secretary, Treasurer 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Denise M Coll director 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Jeffrey T. Foland director P.O. BOX 66100 - HDQLD, CHICAGO IL 60666
Bruce A Riggins officer: CFO, EVP and Secretary 7550 WISCONSIN AVE, 10TH FLOOR, BETHESDA MD 20814
Alfred L. Young officer: EVP and COO 3 BETHESDA METRO CENTER, SUITE 1200, BETHESDA MD 20814
Julio E Morales officer: Chief Accounting Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Jon E Bortz director, officer: Chairman, President and CEO 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
Leonard Darryl Hartley director PGI, 44 CANAL CENTER PLAZA SECOND FL, ALEXANDRIA VA 22314
Stuart L Scott director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
William S Mccalmont director 3300 DREXEL, DALLAS TX 75205
Michael D Barnello officer: Chief Operating Officer LASALLE HOTEL PROPERTIES, 4800 MONTGOMERY LANE STE M25, BETHESDA MD 20814
Donald S Perkins director 1319 MARQUETTE DR, ROMEOVILLE IL 60441
Kelly L Kuhn director 84 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112

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