CBL & Associates Properties, Inc. (CBL)
NYSE: CBL · Real-Time Price · USD
54.70
+0.33 (0.61%)
Oct 2, 2026, 4:00 PM EDT - Market closed
CBL Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Rental Revenue | 142.01 | 141.37 | 150.39 | 134.79 | 136.45 | 137.36 | 125.79 | 119.99 | 124.07 | 124.03 | 134.01 | 124.78 | 124.84 | 130.32 | 143.44 | 131.64 | 131.83 | 135.33 | 149.14 | 145.54 |
Property Management Fees | 1.16 | 1.61 | 1.21 | 1.23 | 1.36 | 1.32 | 1.9 | 1.99 | 1.82 | 1.91 | 1.82 | 1.84 | 1.82 | 2.43 | 1.82 | 1.78 | 1.79 | 1.77 | 2.25 | 1.78 |
Other Revenue | 3.31 | 2.99 | 4.82 | 3.27 | 3.1 | 3.09 | 4.01 | 3.11 | 3.78 | 3.19 | 3.88 | 2.73 | 3.2 | 3.6 | 4.35 | 2.86 | 3.4 | 3 | 5.36 | 3.06 |
| 146.48 | 145.97 | 156.42 | 139.28 | 140.91 | 141.77 | 131.69 | 125.09 | 129.67 | 129.12 | 139.71 | 129.35 | 129.87 | 136.36 | 149.61 | 136.28 | 137.02 | 140.1 | 156.76 | 150.38 | |
Revenue Growth (YoY (YoY) | 3.96% | 2.96% | 18.78% | 11.34% | 8.67% | 9.80% | -5.74% | -3.29% | -0.16% | -5.31% | -6.62% | -5.08% | -5.22% | -2.67% | -4.56% | -9.37% | 0.34% | 5.19% | 1.67% | 15.77% |
Property Expenses | 50.69 | 54.63 | 50.35 | 49.95 | 48.98 | 55.08 | 43.67 | 45.5 | 42.95 | 43.03 | 45.33 | 44.9 | 45.98 | 50.93 | 49.05 | 48.54 | 45.8 | 48.35 | 48.54 | 47.26 |
Selling, General & Administrative | 14.78 | 18.59 | 15.36 | 17.79 | 15.19 | 20.71 | 16.61 | 15.4 | 14.83 | 20.41 | 14.28 | 14.4 | 16.16 | 19.23 | 16.07 | 14.63 | 18.45 | 18.07 | 14.95 | 13.5 |
Depreciation & Amortization | 36.28 | 38.1 | 40.01 | 39.9 | 39.7 | 45.54 | 31.56 | 32.33 | 38.66 | 38.04 | 42.38 | 45.12 | 49.74 | 53.27 | 61.84 | 61.05 | 64.48 | 68.94 | 65.99 | 46.48 |
Other Operating Expenses | - | -0.03 | -0.02 | 0.05 | 0.03 | - | 0.09 | 0.02 | 0.13 | - | 0.02 | - | - | 0.2 | - | - | 0.83 | - | 0.36 | 0.1 |
Total Operating Expenses | 101.76 | 111.29 | 105.7 | 107.68 | 103.9 | 121.32 | 91.93 | 93.24 | 96.57 | 101.49 | 102.01 | 104.42 | 111.88 | 123.62 | 126.95 | 124.22 | 129.56 | 135.36 | 129.84 | 107.34 |
Operating Income | 44.72 | 34.68 | 50.72 | 31.6 | 37 | 20.45 | 39.76 | 31.85 | 33.1 | 27.63 | 37.7 | 24.93 | 17.99 | 12.74 | 22.66 | 12.06 | 7.46 | 4.74 | 26.92 | 43.03 |
Interest Expense | -42.72 | -39.9 | -43 | -44.78 | -43.96 | -44.23 | -36.42 | -38.85 | -39.41 | -39.81 | -42.32 | -42.89 | -44.17 | -43.52 | -33.91 | -37.65 | -55.12 | -90.66 | -202.44 | -19.04 |
Interest & Investment Income | 3.09 | 3.36 | 3.37 | 3.25 | 3.16 | 3.47 | 3.6 | 4.02 | 4.08 | 4 | 3.94 | 3.63 | 2.97 | 2.67 | 3.72 | 0.15 | 0.91 | 0.16 | 0.53 | 0.51 |
Income (Loss) on Equity Investments | 22.31 | 10.28 | 38.23 | 1.7 | 6.44 | 6.91 | 4.11 | 7.08 | 7.15 | 4.59 | 9.04 | 3.27 | 0.81 | -1.26 | 3.49 | 5.7 | 2.04 | 8.57 | -0.45 | -2.22 |
EBT Excluding Unusual Items | 27.41 | 8.42 | 49.32 | -8.24 | 2.65 | -13.4 | 11.06 | 4.11 | 4.92 | -3.59 | 8.36 | -11.06 | -22.4 | -29.38 | -4.05 | -19.74 | -44.71 | -77.2 | -175.44 | 22.28 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.04 | - | - | -55.13 | - |
Gain (Loss) on Sale of Assets | 19.56 | 36.74 | 0.13 | 85.08 | 1.34 | 21.53 | 0.19 | 12.82 | -0.05 | 3.72 | 0.23 | 23.14 | -0.11 | 29.75 | 1.8 | 3.53 | 0 | 36.27 | 77.95 | 8.68 |
Asset Writedown | - | - | - | -1.74 | -1.46 | - | -0.63 | - | - | -0.84 | - | - | - | - | - | - | -0.25 | - | -26.44 | -63.16 |
Total Legal Settlements | - | - | - | - | - | - | 0.4 | 0.01 | 0.07 | 0.07 | 0.13 | 2.06 | 0.07 | 0.04 | 0.12 | 0.04 | 0.07 | 0.08 | 0.16 | 0.09 |
Other Unusual Items | - | - | - | - | - | -0.22 | 26.73 | -0.82 | - | - | 3.27 | - | - | - | 7.38 | 1.22 | 0.61 | -1.57 | -384.55 | -12.01 |
Pretax Income | 46.96 | 45.16 | 49.45 | 75.11 | 2.53 | 7.92 | 37.75 | 16.12 | 4.94 | -0.63 | 11.99 | 14.14 | -22.44 | 0.41 | 5.25 | -14.99 | -44.28 | -42.42 | -563.45 | -44.12 |
Income Tax Expense | 0.64 | -1.23 | 0.53 | 0.05 | 0.37 | -0.47 | 0.2 | 0.36 | 0.65 | -0.16 | -0.49 | 1.26 | 0.22 | -0.1 | 0.33 | 2.42 | -0.47 | 0.8 | -5.03 | -1.23 |
Earnings From Continuing Operations | 46.32 | 46.39 | 48.92 | 75.06 | 2.16 | 8.39 | 37.55 | 15.75 | 4.29 | -0.47 | 12.48 | 12.88 | -22.66 | 0.51 | 4.93 | -17.41 | -43.81 | -43.22 | -558.42 | -42.88 |
Minority Interest in Earnings | 0.12 | 0.1 | 0.07 | 0.37 | 0.6 | 0.4 | 0.43 | 0.45 | 0.45 | 0.52 | -0.67 | 0.39 | 1.88 | 1.75 | -2 | 3.12 | 2.42 | 2.5 | 13.62 | 1.16 |
Net Income | 46.44 | 46.49 | 48.99 | 75.43 | 2.76 | 8.79 | 37.98 | 16.2 | 4.74 | 0.05 | 11.81 | 13.26 | -20.79 | 2.26 | 2.92 | -14.29 | -41.39 | -40.72 | -544.81 | -41.72 |
Preferred Dividends & Other Adjustments | 1.09 | 1.08 | 0.74 | 1.16 | 0.19 | 0.58 | 0.35 | 0.33 | 0.26 | 0.26 | 0.28 | 0.31 | 0.28 | 0.28 | 2.11 | 0.22 | 0.21 | - | - | - |
Net Income to Common | 45.36 | 45.4 | 48.25 | 74.27 | 2.57 | 8.21 | 37.62 | 15.87 | 4.48 | -0.21 | 11.54 | 12.96 | -21.07 | 1.98 | 0.81 | -14.51 | -41.6 | -40.72 | -544.81 | -41.72 |
Net Income Growth (YoY) | 1666.97% | 452.89% | 28.23% | 368.12% | -42.75% | - | 226.12% | 22.44% | - | - | 1322.57% | - | - | - | - | - | - | - | - | - |
Basic Shares Outstanding | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 31 | 31 | 32 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 28 | 79 | 196 |
Diluted Shares Outstanding | 31 | 31 | 31 | 31 | 31 | 31 | 30 | 31 | 31 | 32 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 28 | 79 | 196 |
Shares Change (YoY) | 0.63% | -0.09% | 2.28% | 1.81% | -1.33% | -2.65% | -2.85% | -1.75% | -0.50% | 0.56% | 0.94% | 1.07% | 1.10% | 12.04% | -60.93% | -84.23% | -84.23% | -85.75% | -59.61% | 1.54% |
EPS (Basic) | 1.50 | 1.50 | 1.60 | 2.44 | 0.08 | 0.27 | 1.25 | 0.52 | 0.14 | -0.01 | 0.37 | 0.41 | -0.67 | 0.06 | 0.03 | -0.47 | -1.34 | -1.45 | -6.87 | -0.21 |
EPS (Diluted) | 1.47 | 1.48 | 1.55 | 2.38 | 0.08 | 0.27 | 1.24 | 0.52 | 0.14 | -0.01 | 0.36 | 0.41 | -0.67 | 0.06 | 0.02 | -0.47 | -1.34 | -1.45 | -6.87 | -0.21 |
EPS Growth (YoY) | 1737.50% | 448.52% | 24.87% | 361.12% | -42.86% | - | 243.88% | 25.81% | - | - | 1376.25% | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Dividend Per Share | 0.450 | 0.450 | 0.450 | 0.450 | 0.400 | 0.400 | 0.400 | 0.400 | 0.400 | 0.400 | 0.375 | 0.375 | 0.375 | 0.375 | 0.250 | 0.250 | 0.250 | - | - | - |
Dividend Growth (YoY) | 12.50% | 12.50% | 12.50% | 12.50% | 0% | 0% | 6.67% | 6.67% | 6.67% | 6.67% | 50.00% | 50.00% | 50.00% | - | - | - | - | - | - | - |
Operating Margin | 30.53% | 23.76% | 32.42% | 22.69% | 26.26% | 14.42% | 30.19% | 25.46% | 25.52% | 21.40% | 26.98% | 19.28% | 13.85% | 9.34% | 15.14% | 8.85% | 5.45% | 3.38% | 17.17% | 28.62% |
Profit Margin | 30.97% | 31.11% | 30.84% | 53.32% | 1.82% | 5.79% | 28.57% | 12.68% | 3.46% | -0.16% | 8.26% | 10.02% | -16.22% | 1.45% | 0.54% | -10.65% | -30.36% | -29.07% | -347.55% | -27.74% |
EBITDA | 83.78 | 75.36 | 94.85 | 75.68 | 79.35 | 69.69 | 76.5 | 68.52 | 74.46 | 69.12 | 85.74 | 75.09 | 73.11 | 71.34 | 88.76 | 78.57 | 76.69 | 80.01 | 96.34 | 89.7 |
EBITDA Margin | 57.19% | 51.63% | 60.64% | 54.33% | 56.31% | 49.16% | 58.09% | 54.77% | 57.42% | 53.53% | 61.37% | 58.05% | 56.30% | 52.32% | 59.33% | 57.65% | 55.97% | 57.11% | 61.46% | 59.65% |
D&A For Ebitda | 39.06 | 40.68 | 44.13 | 44.08 | 42.34 | 49.25 | 36.74 | 36.67 | 41.36 | 41.49 | 48.04 | 50.16 | 55.12 | 58.61 | 66.11 | 66.51 | 69.23 | 75.27 | 69.42 | 46.67 |
EBIT | 44.72 | 34.68 | 50.72 | 31.6 | 37 | 20.45 | 39.76 | 31.85 | 33.1 | 27.63 | 37.7 | 24.93 | 17.99 | 12.74 | 22.66 | 12.06 | 7.46 | 4.74 | 26.92 | 43.03 |
EBIT Margin | 30.53% | 23.76% | 32.42% | 22.69% | 26.26% | 14.42% | 30.19% | 25.46% | 25.52% | 21.40% | 26.98% | 19.28% | 13.85% | 9.34% | 15.14% | 8.85% | 5.45% | 3.38% | 17.17% | 28.62% |
Funds From Operations (FFO) | 59.85 | 85.21 | 60.39 | 67.82 | 45.46 | 34.81 | 73.44 | 39.44 | 47.16 | 38.16 | 57.6 | 61.78 | 32.38 | 59.35 | 63.21 | 49.49 | 30.91 | 35 | -453.23 | 74.49 |
FFO Per Share | 1.93 | 2.78 | 1.94 | 2.17 | 1.48 | 1.13 | 2.42 | 1.28 | 1.51 | 1.21 | 1.80 | 1.93 | 1.01 | - | 1.99 | 1.55 | 0.97 | 1.25 | - | 0.37 |
Adjusted Funds From Operations (AFFO) | 58.33 | 53.22 | - | 48.64 | 57.27 | 46.13 | - | 47.46 | 54 | 47.32 | - | 51.22 | 50.05 | 49.86 | - | 59 | 59.87 | 57.48 | - | 95.33 |
AFFO Per Share | 1.89 | 1.73 | - | 1.55 | 1.86 | 1.50 | - | 1.54 | 1.73 | 1.50 | - | 1.60 | 1.56 | - | - | 1.85 | 1.88 | 2.05 | - | 0.47 |
FFO Payout Ratio | 32.31% | 16.34% | 22.85% | 20.46% | 27.22% | 106.64% | 16.75% | 31.74% | 26.87% | 33.73% | 142.54% | 19.44% | 253.69% | 20.13% | 12.59% | 32.15% | - | - | - | - |
Effective Tax Rate | 1.37% | - | 1.07% | 0.06% | 14.60% | - | 0.53% | 2.26% | 13.15% | - | - | 8.93% | - | - | 6.24% | - | - | - | - | - |
Revenue as Reported | 146.48 | 145.97 | 156.42 | 139.28 | 140.91 | 141.77 | 131.69 | 125.09 | 129.67 | 129.12 | 139.71 | 129.35 | 129.87 | 136.36 | 149.61 | 136.28 | 137.02 | 140.1 | 156.76 | 150.38 |