Franklin Street Properties (FSP) Asset Writedowns and Impairment (2010 - 2024)
Franklin Street Properties (FSP) posted quarterly 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 reported Asset Writedowns and Impairment for 13 consecutive years, with $13.2 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Asset Writedowns and Impairment rose 1550.0% year-over-year to $13.2 million; the TTM figure through Jun 2024 stood at $36.6 million (up 4475.0% YoY), while the FY2023 annual figure was $2.1 million, changed N/A from the prior year.
- Asset Writedowns and Impairment advanced to $13.2 million in Q2 2024 per FSP's latest filing, from $2.1 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $20.5 million in Q3 2023 and bottomed at -$13000.0 in Q1 2020.
- Historically, Asset Writedowns and Impairment has averaged $7.3 million across 3 years, with a median of $2.1 million in 2023.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment soared 78.33% — and 2024, when it jumped 1550.0%.
- Franklin Street Properties' Asset Writedowns and Impairment stood at -$13000.0 in 2020, then soared by 16253.85% to $2.1 million in 2023, then surged 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 | 9.12 Bn | 8.01 Bn | - |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn |
| 10 | Franklin Street Properties | 45.19 Mn | 14.62 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 |