CBL & Associates Properties, Inc. (CBL)
NYSE: CBL · Real-Time Price · USD
55.70
-0.85 (-1.50%)
Aug 10, 2026, 4:00 PM EDT - Market closed

CBL Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2020
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '20
Revenue
588.15578.37515.56535.29563.01575.86
Revenue Growth
9.03%12.18%-3.69%-4.92%-2.23%-25.09%
Gross Profit
793.77782.73690.71722.43754.74763.74
Operating Income
1,0161,020899.69974.911,0791,263
Net Income
213.28133.8857.765.43-96.02-332.49
Earnings Per Share
6.894.341.870.17-3.20-1.75
EPS Growth
229.67%132.09%1000.00%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Consolidation Adjustments
-82.63-83.49-121.54-119.75-120.53-
Malls
493.78478.42446.04468.14495.74506.34
Outlet Centers
35.2335.4334.6932.530.36-
Lifestyle Centers
51.5950.9249.9350.6354.49-
Open-Air Centers
57.2165.1969.9268.5166.82-
All Other
32.9631.936.5235.2636.1370.54
Total
588.15578.37515.56535.29563.01576.88

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
302.45335.37283.94296.33337.14319.55
Total Debt
2,0342,1712,2131,8892,0002,209
Net Cash (Debt)
-1,732-1,835-1,929-1,592-1,663-1,889
Net Cash Growth
------
Net Cash Per Share
-55.85-59.51-62.29-50.87-55.35-12.39

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2020
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '20
Operating Cash Flow
282.92249.68202.22183.52208.23133.37
Capital Expenditures
-276.51-237.76-36.19-42.86-44.83-53.45
Free Cash Flow
6.4111.92166.03140.66163.479.91
Free Cash Flow Growth
-95.74%-92.82%18.04%-13.92%104.48%-42.74%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2020
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '20
Gross Margin
134.96%135.33%133.97%134.96%134.05%132.63%
Operating Margin
172.80%176.39%174.51%182.13%191.66%219.24%
Pretax Margin
182.44%176.11%160.30%165.02%166.18%183.14%
Profit Margin
36.84%23.26%11.08%0.60%-17.68%-58.27%
FCF Margin
1.09%2.06%32.20%26.28%29.02%13.88%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
2.6751.7001.6001.5000.750
Dividend Per Share Growth
-5.10%6.25%6.67%100.00%-
Dividend Yield
4.80%6.87%5.54%15.45%3.44%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.048.5315.73143.65--
P/FCF Ratio
269.0194.145.445.554.49-
PS Ratio
2.931.941.751.461.30-