funds from operations per share (FFOPS)
Definition
A performance measurement of a real estate investment trust (REIT). Similar to earnings per share, FFOPS expresses the amount each shareholder receives in the form of periodic dividends.
Calculated as (NI + D + A) - S/OS, where NI=Net Income, D=Depreciation, A=Amortization, S=Sales, and OS= Outstanding Shares.
