CBL & Associates Properties, Inc. (CBL)
NYSE: CBL · Real-Time Price · USD
37.18
+0.05 (0.13%)
Mar 13, 2026, 12:59 PM EDT - Market open

CBL Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2020
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '20
Property Revenue
558.99493.88513.96542.25554.06
Service and Other Revenue
19.3921.6921.3320.7621.8
578.37515.56535.29563.01575.86
Revenue Growth (YoY)
12.18%-3.69%-4.92%-2.23%-25.09%
Property Expenses
-101.94-90.05-91-92.13-84.06
Service and Other Expenses
-44.95-37.73-41.34-42.49-34.13
Total Property Expenses
-146.9-127.78-132.33-134.61-118.19
Property Taxes
-57.46-47.37-54.81-57.12-69.69
Gross Profit
782.73690.71722.43754.74763.74
Selling, General & Admin
-69.04-67.25-64.07-67.22-53.43
Depreciation & Amortization Expenses
-165.16-140.59-190.51-256.31-215.03
Other Operating Expenses
-3.25-1.142.09-0.78-230.34
Operating Income
1,020899.69974.911,0791,263
Net Gains on Disposal of Properties
74.2316.685.135.354.7
Interest Income
66.5338.6525.0624.73-8.46
Interest Expense
-175.96-154.49-172.91-217.34-200.66
Other Non-Operating Income (Expense)
33.6325.9151.1543.85-3.46
Total Non-Operating Income (Expense)
-1.57-73.26-91.57-143.41-207.88
Pretax Income
1,019826.44883.34935.641,055
Provision for Income Taxes
0.481.060.893.0816.84
Net Income
133.8857.765.43-96.02-332.49
Minority Interest in Earnings
-1.44-1.85-3.34-6.03-40.45
Net Income Attributable to Preferred Dividends
2.091.211.112.5437.41
Net Income to Common
133.8857.765.43-96.02-332.49
Net Income Growth
131.77%963.21%---
Shares Outstanding (Basic)
30313130190
Shares Outstanding (Diluted)
31313130190
Shares Change (YoY)
-0.39%-1.09%4.18%-84.21%9.71%
EPS (Basic)
4.411.870.17-3.20-1.75
EPS (Diluted)
4.341.870.17-3.20-1.75
EPS Growth
132.09%1000.00%---
Free Cash Flow
11.92166.03140.66163.479.91
Free Cash Flow Growth
-92.82%18.04%-13.92%104.48%-42.74%
Free Cash Flow Per Share
0.395.364.495.440.42
Dividends Per Share
1.7001.6001.5000.750-
Dividend Growth
6.25%6.67%100.00%--
Gross Margin
135.33%133.97%134.96%134.05%132.63%
Operating Margin
176.39%174.51%182.13%191.66%219.24%
Profit Margin
23.26%11.08%0.60%-17.68%-58.27%
FCF Margin
2.06%32.20%26.28%29.02%13.88%
EBITDA
1,2001,0561,1871,3561,477
EBITDA Margin
207.47%204.82%221.72%240.88%256.48%
EBIT
1,020899.69974.911,0791,263
EBIT Margin
176.39%174.51%182.13%191.66%219.24%
Effective Tax Rate
0.05%0.13%0.10%0.33%1.60%
Updated Feb 13, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.
SEC Filings: 10-K · 10-Q