CBL & Associates Properties, Inc. (CBL)
NYSE: CBL · Real-Time Price · USD
37.11
-0.61 (-1.62%)
Mar 6, 2026, 4:00 PM EST - Market closed

CBL Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
558.99493.88513.96542.25554.17
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Property Management Fees
5.117.617.927.167.14
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Other Revenue
14.2714.0813.4113.6115.56
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Total Revenue
578.37515.56535.29563.01576.88
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Revenue Growth (YoY
12.18%-3.69%-4.92%-2.40%0.18%
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Property Expenses
204.35175.15187.14191.73188.45
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Selling, General & Administrative
69.0467.2564.0767.2252.34
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Depreciation & Amortization
165.16140.59190.51256.31208.08
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Other Operating Expenses
0.060.230.220.830.75
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Total Operating Expenses
438.61383.22441.93516.09449.61
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Operating Income
139.77132.3493.3646.92127.27
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Interest Expense
-175.96-154.49-172.91-217.34-267.9
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Interest & Investment Income
13.2515.7113.24.942.57
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Income (Loss) on Equity Investments
53.2822.9311.8719.8-10.03
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EBT Excluding Unusual Items
30.3316.5-54.49-145.69-148.1
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Gain (Loss) on Sale of Investments
----0.04-
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Gain (Loss) on Sale of Assets
108.0816.685341.686.44
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Asset Writedown
-3.19-1.46--0.25-146.78
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Total Legal Settlements
-0.552.310.31.05
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Other Unusual Items
-0.2225.913.277.64-436.57
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Pretax Income
13558.174.1-96.44-643.95
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Income Tax Expense
0.481.060.893.08-4.81
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Earnings From Continuing Operations
134.5357.123.2-99.52-639.14
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Minority Interest in Earnings
1.441.853.346.0316.97
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Net Income
135.9758.976.55-93.48-622.17
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Preferred Dividends & Other Adjustments
2.091.211.112.54-
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Net Income to Common
133.8857.765.43-96.02-622.17
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Net Income Growth
130.57%800.86%---
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Basic Shares Outstanding
30313130167
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Diluted Shares Outstanding
31313130167
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Shares Change (YoY)
-0.39%-1.09%4.18%-82.02%-12.17%
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EPS (Basic)
4.411.870.17-3.20-3.72
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EPS (Diluted)
4.341.870.17-3.20-3.72
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EPS Growth
132.20%999.46%---
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Dividend Per Share
1.7001.6001.5000.750-
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Dividend Growth
6.25%6.67%100.00%--
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Operating Margin
24.17%25.67%17.44%8.33%22.06%
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Profit Margin
23.15%11.20%1.01%-17.05%-107.85%
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EBITDA
319.56288.59305.29324.03339.35
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EBITDA Margin
55.25%55.98%57.03%57.55%58.83%
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D&A For Ebitda
179.79156.26211.93277.11212.08
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EBIT
139.77132.3493.3646.92127.27
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EBIT Margin
24.17%25.67%17.44%8.33%22.06%
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Funds From Operations (FFO)
208.97198.19---
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FFO Per Share
6.746.40---
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Adjusted Funds From Operations (AFFO)
223.57207.29---
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AFFO Per Share
7.216.69---
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FFO Payout Ratio
25.09%25.41%---
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Effective Tax Rate
0.35%1.81%21.82%--
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Revenue as Reported
578.37515.56535.29563.01576.88
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Source: S&P Capital IQ. Real Estate template. Financial Sources.