CBL & Associates Properties, Inc. (CBL)
NYSE: CBL · Real-Time Price · USD
55.34
-1.83 (-3.20%)
At close: Aug 21, 2026, 4:00 PM EDT
55.31
-0.03 (-0.05%)
After-hours: Aug 21, 2026, 7:30 PM EDT
CBL Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 568.56 | 558.99 | 493.88 | 513.96 | 542.25 | 554.17 |
Property Management Fees | 5.21 | 5.11 | 7.61 | 7.92 | 7.16 | 7.14 |
Other Revenue | 14.38 | 14.27 | 14.08 | 13.41 | 13.61 | 15.56 |
| 588.15 | 578.37 | 515.56 | 535.29 | 563.01 | 576.88 | |
Revenue Growth (YoY | 9.03% | 12.18% | -3.69% | -4.92% | -2.40% | 0.18% |
Property Expenses | 205.62 | 204.35 | 175.15 | 187.14 | 191.73 | 188.45 |
Selling, General & Administrative | 66.51 | 69.04 | 67.25 | 64.07 | 67.22 | 52.34 |
Depreciation & Amortization | 154.29 | 165.16 | 140.59 | 190.51 | 256.31 | 208.08 |
Other Operating Expenses | -0 | 0.06 | 0.23 | 0.22 | 0.83 | 0.75 |
Total Operating Expenses | 426.43 | 438.61 | 383.22 | 441.93 | 516.09 | 449.61 |
Operating Income | 161.72 | 139.77 | 132.34 | 93.36 | 46.92 | 127.27 |
Interest Expense | -170.39 | -175.96 | -154.49 | -172.91 | -217.34 | -267.9 |
Interest & Investment Income | 13.07 | 13.25 | 15.71 | 13.2 | 4.94 | 2.57 |
Income (Loss) on Equity Investments | 72.51 | 53.28 | 22.93 | 11.87 | 19.8 | -10.03 |
EBT Excluding Unusual Items | 76.91 | 30.33 | 16.5 | -54.49 | -145.69 | -148.1 |
Gain (Loss) on Sale of Investments | - | - | - | - | -0.04 | - |
Gain (Loss) on Sale of Assets | 141.5 | 108.08 | 16.68 | 53 | 41.6 | 86.44 |
Asset Writedown | -1.74 | -3.19 | -1.46 | - | -0.25 | -146.78 |
Total Legal Settlements | - | - | 0.55 | 2.31 | 0.3 | 1.05 |
Other Unusual Items | - | -0.22 | 25.91 | 3.27 | 7.64 | -436.57 |
Pretax Income | 216.68 | 135 | 58.17 | 4.1 | -96.44 | -643.95 |
Income Tax Expense | -0.01 | 0.48 | 1.06 | 0.89 | 3.08 | -4.81 |
Earnings From Continuing Operations | 216.69 | 134.53 | 57.12 | 3.2 | -99.52 | -639.14 |
Minority Interest in Earnings | 0.66 | 1.44 | 1.85 | 3.34 | 6.03 | 16.97 |
Net Income | 217.35 | 135.97 | 58.97 | 6.55 | -93.48 | -622.17 |
Preferred Dividends & Other Adjustments | 3.49 | 2.09 | 1.21 | 1.11 | 2.54 | - |
Net Income to Common | 213.86 | 133.88 | 57.76 | 5.43 | -96.02 | -622.17 |
Net Income Growth | 232.76% | 131.77% | 963.21% | - | - | - |
Basic Shares Outstanding | 30 | 30 | 31 | 31 | 30 | 167 |
Diluted Shares Outstanding | 31 | 31 | 31 | 31 | 30 | 167 |
Shares Change | 0.76% | -0.39% | -1.09% | 4.18% | -82.02% | -12.17% |
EPS (Basic) | 7.08 | 4.41 | 1.87 | 0.17 | -3.20 | -3.72 |
EPS (Diluted) | 6.93 | 4.34 | 1.87 | 0.17 | -3.20 | -3.72 |
EPS Growth | 230.46% | 132.20% | 999.46% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Dividend Per Share | 1.800 | 1.700 | 1.600 | 1.500 | 0.750 | - |
Dividend Growth | 12.50% | 6.25% | 6.67% | 100.00% | - | - |
Operating Margin | 27.50% | 24.17% | 25.67% | 17.44% | 8.33% | 22.06% |
Profit Margin | 36.36% | 23.15% | 11.20% | 1.01% | -17.05% | -107.85% |
EBITDA | 329.66 | 319.56 | 288.59 | 305.29 | 324.03 | 339.35 |
EBITDA Margin | 56.05% | 55.25% | 55.98% | 57.03% | 57.55% | 58.83% |
D&A For Ebitda | 167.94 | 179.79 | 156.26 | 211.93 | 277.11 | 212.08 |
EBIT | 161.72 | 139.77 | 132.34 | 93.36 | 46.92 | 127.27 |
EBIT Margin | 27.50% | 24.17% | 25.67% | 17.44% | 8.33% | 22.06% |
Funds From Operations (FFO) | 273.72 | 208.97 | 198.19 | - | - | - |
FFO Per Share | 8.81 | 6.74 | 6.40 | - | - | - |
Adjusted Funds From Operations (AFFO) | - | 223.57 | 207.29 | - | - | - |
AFFO Per Share | - | 7.21 | 6.69 | - | - | - |
FFO Payout Ratio | 13.22% | 25.09% | 25.41% | - | - | - |
Effective Tax Rate | - | 0.35% | 1.81% | 21.82% | - | - |
Revenue as Reported | 588.15 | 578.37 | 515.56 | 535.29 | 563.01 | 576.88 |