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 Data and Metrics

Ramco-Gershenson Properties Trust Financial Metrics

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.

Revenue (FY, 2016)

260.9 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

61.1 m

EBIT (FY, 2016)

70.9 m

Market capitalization (23-Jun-2017)

991.8 m

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

3.6 m
Ramco-Gershenson Properties Trust's current market capitalization is $991.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


170.1 m218.4 m251.8 m260.9 m

Revenue growth, %


Operating expense total

124.9 m195 m186.3 m190 m


23.3 m65.5 m70.9 m

EBIT margin, %


Interest expense

29.1 m33.7 m40.8 m43.1 m

Income tax expense

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

Net Income

11.5 m(2.4 m)66.9 m61.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


5.8 m9.3 m6.6 m3.6 m

Accounts Receivable

9.6 m12 m18.7 m24 m

Total Assets

1.7 b1.9 b2.1 b2.1 b

Accounts Payable

32 m44.2 m44.5 m57.4 m

Additional Paid-in Capital

959.2 m1.1 b1.2 b1.2 b

Total Equity

798 m898.3 m906.3 m891.7 m

Financial Leverage

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

Net Income

11.5 m(2.4 m)66.9 m61.1 m

Depreciation and Amortization

56.3 m81.2 m89.4 m91.8 m

Accounts Receivable

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

Cash From Operating Activities

85.6 m110.6 m105.2 m117.1 m

Cash From Investing Activities

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

Cash From Financing Activities

271.7 m208.7 m46.5 m(127.9 m)

Interest Paid

30.6 m35.5 m42.9 m46.9 m
Y, 2016

Financial Leverage

2.3 x

Ramco-Gershenson Properties Trust Market Value History

Ramco-Gershenson Properties Trust Company Life and Culture

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