Ramco-Gershenson Properties Trust

Ramco-Gershenson Properties Trust is a fully integrated, self-administered, publicly-traded real estate investment trust (REIT) based in Farmington Hills, Michigan. The Company’s business is the ownership and management of large, multi-anchor shopping centers primarily in a dozen of the largest metropolitan markets in the United States. At September 30, 2015, the Company owned interests in and managed a portfolio of 76 shopping centers and one office building with approximately 16.7 million square feet of gross leasable area. At September 30, 2015, the Company’s core operating portfolio was 94.3% leased.
Company Growth (employees)
Farmington Hills, US
Size (employees)
120 (est)
Ramco-Gershenson Properties Trust was founded in 1950 and is headquartered in Farmington Hills, US

Ramco-Gershenson Properties Trust Office Locations

Ramco-Gershenson Properties Trust has an office in Farmington Hills
Farmington Hills, US (HQ)
300 31500 Northwestern Hwy

Ramco-Gershenson Properties Trust Metrics

Ramco-Gershenson Properties Trust Financial Metrics

Revenue (2016)

$260.9 m

Revenue growth (2015-16), %


Net income (2016)

$61.1 m

Market capitalization (28-Apr-2017)

$1.1 b

Closing share price (28-Apr-2017)


Cash (31-Dec-2016)

$3.6 m
Ramco-Gershenson Properties Trust's current market capitalization is $1.1 b.
Ramco-Gershenson Properties Trust's revenue was reported to be $260.9 m in FY, 2016 which is a 4% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$170.1 m$218.4 m$251.8 m$260.9 m

Revenue growth, %


Operating expense total

$124.9 m$195 m$186.3 m$190 m


$23.3 m$65.5 m$70.9 m

EBIT margin, %


Interest expense

$29.1 m$33.7 m$40.8 m$43.1 m

Income tax expense

($64 k)($54 k)($339 k)($299 k)

Net Income

$11.5 m($2.4 m)$66.9 m$61.1 m
FY, 2013FY, 2014FY, 2015FY, 2016


$5.8 m$9.3 m$6.6 m$3.6 m

Accounts Receivable

$9.6 m$12 m$18.7 m$24 m


Total Assets

$1.7 b$1.9 b$2.1 b$2.1 b

Accounts Payable

$32 m$44.2 m$44.5 m$57.4 m

Additional Paid-in Capital

$959.2 m$1.1 b$1.2 b$1.2 b

Total Equity

$798 m$898.3 m$906.3 m$891.7 m

Financial Leverage

2.1 x2.2 x2.3 x2.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$11.5 m($2.4 m)$66.9 m$61.1 m

Depreciation and Amortization

$56.3 m$81.2 m$89.4 m$91.8 m

Accounts Receivable

($1.7 m)($2.3 m)($6.7 m)$1.9 m


Accounts Payable

Cash From Operating Activities

$85.6 m$110.6 m$105.2 m$117.1 m

Cash From Investing Activities

($355.8 m)($315.7 m)($154.3 m)$7.7 m

Cash From Financing Activities

$271.7 m$208.7 m$46.5 m($127.9 m)

Interest Paid

$30.6 m$35.5 m$42.9 m$46.9 m

Ramco-Gershenson Properties Trust Market Value History

Ramco-Gershenson Properties Trust Company Life

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