Regency Centers Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	1,511	1,411	1,284	1,187	1,113
Property Management Fees	28.36	27.87	26.95	25.85	40.34
Other Revenue	147.24	64.04	58.95	57.8	50.16
Total Revenue	1,687	1,503	1,370	1,271	1,204
Revenue Growth (YoY	12.22%	9.74%	7.77%	5.58%	14.88%
Property Expenses	457.16	433.05	394.77	345.94	326.68
Selling, General & Administrative	99.41	101.47	97.81	79.9	78.22
Depreciation & Amortization	405.04	394.71	352.28	319.7	303.33
Other Operating Expenses	8.85	6.32	8.56	6.21	4.71
Total Operating Expenses	970.46	935.55	853.42	751.75	712.94
Operating Income	716.56	567.74	516.43	519.35	490.93
Interest Expense	-207.24	-189.75	-156.21	-146.19	-145.17
Interest & Investment Income	11.77	15.81	7.63	-	5.46
EBT Excluding Unusual Items	521.09	393.8	367.84	373.16	351.22
Gain (Loss) on Sale of Investments	-	0.91	3.16	5.83	9.38
Gain (Loss) on Sale of Assets	24.46	34.16	0.66	109.01	91.12
Asset Writedown	-4.61	-14.3	-	-	-84.39
Other Unusual Items	-	-0.18	0.1	-	-
Pretax Income	540.95	414.39	371.76	488	367.33
Income Tax Expense	-	4.55	0.9	-0.04	1.04
Earnings From Continuing Operations	540.95	409.84	370.87	488.04	366.29
Minority Interest in Earnings	-13.49	-9.45	-6.31	-5.17	-4.88
Net Income	527.46	400.39	364.56	482.87	361.41
Preferred Dividends & Other Adjustments	13.65	13.65	5.06	-	-
Net Income to Common	513.81	386.74	359.5	482.87	361.41
Net Income Growth	31.74%	9.83%	-24.50%	33.61%	705.12%
Basic Shares Outstanding	182	183	176	171	170
Diluted Shares Outstanding	182	183	176	172	171
Shares Change (YoY)	-0.44%	3.78%	2.67%	0.64%	0.73%
EPS (Basic)	2.82	2.12	2.04	2.82	2.12
EPS (Diluted)	2.82	2.11	2.04	2.81	2.12
EPS Growth	33.63%	3.43%	-27.40%	32.55%	715.38%
Dividend Per Share	2.870	2.715	2.620	2.525	2.410
Dividend Growth	5.71%	3.63%	3.76%	4.77%	1.26%
Operating Margin	42.48%	37.77%	37.70%	40.86%	40.78%
Profit Margin	30.46%	25.73%	26.24%	37.99%	30.02%
EBITDA	1,093	939.75	839.58	818.05	771.32
EBITDA Margin	64.80%	62.51%	61.29%	64.36%	64.07%
D&A For Ebitda	376.59	372.01	323.15	298.7	280.4
EBIT	716.56	567.74	516.43	519.35	490.93
EBIT Margin	42.48%	37.77%	37.70%	40.86%	40.78%
Funds From Operations (FFO)	855.73	790.89	736.09	-	-
FFO Per Share	4.64	4.30	4.15	-	-
Adjusted Funds From Operations (AFFO)	706.64	649.37	612.18	-	-
AFFO Per Share	3.83	3.53	3.45	-	-
FFO Payout Ratio	-	62.00%	61.55%	-	-
Effective Tax Rate	-	1.10%	0.24%	-	0.28%
Revenue as Reported	1,554	1,454	1,322	1,224	1,166

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.