Funds From Operations (FFO)

Calculate FFO for REIT analysis.

FFO Calculator

Net Income

$

Depreciation & Amortization

$

Gains on Sales of Property

$

Losses on Sales of Property

$

Impairment Charges

$

Outstanding Shares (millions)

FFO Results

Total FFO

FFO Per Share

FFO Yield

Based on current price

FFO Formula

FFO = Net Income + Depreciation & Amortization - Gains on Sales + Losses on Sales + Impairment

FFO Per Share = FFO ÷ Outstanding Shares

Key Components:

• Net Income: REIT's net income from operations
• Depreciation: Non-cash depreciation of real estate
• Gains/Losses: From property sales (excluded from FFO)
• Impairment: Asset impairment charges

Why FFO Matters:

• Standard metric for REIT performance
• Excludes non-cash depreciation
• Better measure of cash flow
• Used for dividend coverage analysis

Interpretation Guide

Good FFO Indicators:

• Consistent FFO growth over time
• FFO covers dividend payments
• FFO per share increases annually
• Strong FFO yield relative to peers

Warning Signs:

• Declining FFO trends
• FFO doesn't cover dividends
• Large impairment charges
• Heavy reliance on property sales

💡 Pro Tips:

• Compare FFO growth rates across similar REITs
• Look at FFO payout ratios (dividends ÷ FFO per share)
• Consider AFFO (Adjusted FFO) for recurring capex
• Analyze FFO quality and sustainability

Additional REIT Metrics

Current Stock Price

$

P/FFO Ratio

FFO Yield

Get Results of Funds From Operations (FFO) via Email

Save your calculations and get detailed breakdowns

v1.0.0.758733