Franklin Street Properties (FSP) Asset Writedowns and Impairment (2010 - 2024)
Franklin Street Properties (FSP) reported Asset Writedowns and Impairment of $13.2 million for Q2 2024, up 1550.0% year-over-year from $800000.0 in Q3 2023, and up 528.57% quarter-over-quarter from $2.1 million in Q4 2023.
Franklin Street Properties (FSP) Asset Writedowns and Impairment (2010 - 2024) Analysis & Trends
Franklin Street Properties (FSP) has 13 years of Asset Writedowns and Impairment data on file, last reported at $13.2 million in Q2 2024.
- Asset Writedowns and Impairment for Q2 2024 came in at $13.2 million, up 1550.0% year-over-year; the trailing twelve-month figure through Jun 2024 was $36.6 million (up 4475.0% YoY), and the FY2023 annual result was $2.1 million, changed N/A from the prior year.
- Asset Writedowns and Impairment improved to $13.2 million in Q2 2024 per FSP's latest filing, from $2.1 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $20.5 million in Q3 2023 and troughed at -$13000.0 in Q1 2020.
- A 3-year average of $7.3 million and a median of $2.1 million in 2023 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2020 and 2024: Asset Writedowns and Impairment soared 78.33% in 2020, then jumped 1550.0% in 2024.
- A 3-year view of Asset Writedowns and Impairment shows it stood at -$13000.0 in 2020, then surged by 16253.85% to $2.1 million in 2023, then jumped by 528.57% to $13.2 million in 2024.
- Business Quant data shows FSP's Asset Writedowns and Impairment at $13.2 million in Q2 2024, $2.1 million in Q4 2023, and $20.5 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn |
| 10 | Franklin Street Properties | 66.00 Mn | 66.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 13.20 Mn |
| Jun 30, 2024 | 13.20 Mn |
| Dec 31, 2023 | 2.10 Mn |
| Dec 31, 2023 | 2.10 Mn |
| Sep 30, 2023 | 20.50 Mn |
| Sep 30, 2023 | 20.50 Mn |
| Jun 30, 2023 | 800,000.00 |
| Jun 30, 2023 | 800,000.00 |
| Mar 31, 2020 | -13,000.00 |
| Mar 31, 2020 | -13,000.00 |
| Dec 31, 2019 | -2,000.00 |
| Dec 31, 2019 | -2,000.00 |
| Sep 30, 2019 | 22,000.00 |
| Sep 30, 2019 | 22,000.00 |
| Jun 30, 2019 | -31,000.00 |
| Jun 30, 2019 | -31,000.00 |
| Mar 31, 2019 | -60,000.00 |
| Mar 31, 2019 | -60,000.00 |
| Dec 31, 2018 | -25,000.00 |
| Dec 31, 2018 | -25,000.00 |