CBL & Associates Properties, Inc. (CBL)
NYSE: CBL · Real-Time Price · USD
53.87
0.00 (0.00%)
Sep 18, 2026, 12:38 PM EDT - Market open
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 | 568.56 | 563 | 558.99 | 534.39 | 519.59 | 507.21 | 493.88 | 502.1 | 506.89 | 507.66 | 513.96 | 523.39 | 530.25 | 537.24 | 542.25 | 547.95 | 561.85 | 561.33 | 554.17 | 553.62 |
Property Management Fees | 5.21 | 5.41 | 5.11 | 5.8 | 6.56 | 7.02 | 7.61 | 7.53 | 7.38 | 7.39 | 7.92 | 7.92 | 7.86 | 7.82 | 7.16 | 7.59 | 7.59 | 7.25 | 7.14 | 6.44 |
Other Revenue | 14.38 | 14.17 | 14.27 | 13.46 | 13.3 | 13.98 | 14.08 | 13.95 | 13.57 | 13 | 13.41 | 13.88 | 14.01 | 14.21 | 13.61 | 14.61 | 14.81 | 15.21 | 15.56 | 14.24 |
| 588.15 | 582.57 | 578.37 | 553.64 | 539.45 | 528.21 | 515.56 | 523.58 | 527.84 | 528.04 | 535.29 | 545.19 | 552.12 | 559.27 | 563.01 | 570.16 | 584.25 | 583.79 | 576.88 | 574.3 | |
Revenue Growth (YoY (YoY) | 9.03% | 10.29% | 12.18% | 5.74% | 2.20% | 0.03% | -3.69% | -3.96% | -4.40% | -5.58% | -4.92% | -4.38% | -5.50% | -4.20% | -2.40% | -0.72% | 5.49% | 7.82% | 0.18% | -6.12% |
Property Expenses | 205.62 | 203.91 | 204.35 | 197.68 | 193.23 | 187.19 | 175.15 | 176.81 | 176.22 | 179.25 | 187.14 | 190.85 | 194.49 | 194.31 | 191.73 | 191.22 | 189.94 | 187.66 | 188.45 | 185.6 |
Selling, General & Administrative | 66.51 | 66.92 | 69.04 | 70.29 | 67.9 | 67.55 | 67.25 | 64.93 | 63.93 | 65.25 | 64.07 | 65.85 | 66.08 | 68.37 | 67.22 | 66.1 | 64.98 | 57.8 | 52.34 | 28.75 |
Depreciation & Amortization | 154.29 | 157.71 | 165.16 | 156.7 | 149.13 | 148.09 | 140.59 | 151.41 | 164.2 | 175.28 | 190.51 | 209.97 | 225.9 | 240.64 | 256.31 | 260.46 | 245.89 | 228.91 | 208.08 | 195.08 |
Other Operating Expenses | -0 | 0.03 | 0.06 | 0.16 | 0.13 | 0.23 | 0.23 | 0.17 | 0.15 | 0.02 | 0.22 | 0.2 | 0.2 | 1.03 | 0.83 | 1.19 | 1.3 | 0.75 | 0.75 | 0.94 |
Total Operating Expenses | 426.43 | 428.57 | 438.61 | 424.83 | 410.39 | 403.06 | 383.22 | 393.31 | 404.49 | 419.8 | 441.93 | 466.87 | 486.67 | 504.35 | 516.09 | 518.97 | 502.1 | 475.11 | 449.61 | 410.37 |
Operating Income | 161.72 | 154 | 139.77 | 128.81 | 129.06 | 125.15 | 132.34 | 130.27 | 123.35 | 108.25 | 93.36 | 78.32 | 65.45 | 54.92 | 46.92 | 51.19 | 82.16 | 108.68 | 127.27 | 163.93 |
Interest Expense | -170.39 | -171.64 | -175.96 | -169.38 | -163.45 | -158.9 | -154.49 | -160.39 | -164.43 | -169.19 | -172.91 | -164.5 | -159.26 | -170.21 | -217.34 | -385.86 | -367.25 | -334.43 | -267.9 | -105.37 |
Interest & Investment Income | 13.07 | 13.14 | 13.25 | 13.48 | 14.26 | 15.18 | 15.71 | 16.05 | 15.65 | 14.54 | 13.2 | 12.98 | 9.51 | 7.45 | 4.94 | 1.74 | 2.1 | 1.94 | 2.57 | 3.17 |
Income (Loss) on Equity Investments | 72.51 | 56.64 | 53.28 | 19.15 | 24.54 | 25.25 | 22.93 | 27.87 | 24.05 | 17.72 | 11.87 | 6.31 | 8.75 | 9.97 | 19.8 | 15.86 | 7.93 | 1.62 | -10.03 | -11.98 |
EBT Excluding Unusual Items | 76.91 | 52.15 | 30.33 | -7.93 | 4.41 | 6.68 | 16.5 | 13.8 | -1.37 | -28.69 | -54.49 | -66.89 | -75.56 | -97.87 | -145.69 | -317.08 | -275.06 | -222.19 | -148.1 | 49.75 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | -0.04 | -0.04 | -0.04 | -55.17 | - | - | - | 55.13 |
Gain (Loss) on Sale of Assets | 141.5 | 123.28 | 108.08 | 108.14 | 35.88 | 34.49 | 16.68 | 16.72 | 27.04 | 26.98 | 53 | 54.57 | 34.96 | 35.08 | 41.6 | 117.75 | 67.77 | 67.88 | 86.44 | 10.48 |
Asset Writedown | -1.74 | -3.19 | -3.19 | -3.82 | -2.08 | -0.63 | -1.46 | -0.84 | -0.84 | -0.84 | - | - | - | -0.25 | -0.25 | -26.69 | -89.85 | -89.6 | -146.78 | -186.74 |
Total Legal Settlements | - | - | - | 0.4 | 0.41 | 0.49 | 0.55 | 0.29 | 2.33 | 2.33 | 2.31 | 2.3 | 0.28 | 0.27 | 0.3 | 0.34 | 0.4 | 0.27 | 1.05 | 6.27 |
Other Unusual Items | - | - | -0.22 | 26.51 | 25.69 | 25.69 | 25.91 | 2.45 | 3.27 | 3.27 | 3.27 | 7.38 | 8.6 | 9.21 | 7.64 | -384.29 | -397.52 | -415.2 | -436.57 | -94.76 |
Pretax Income | 216.68 | 172.24 | 135 | 123.3 | 64.31 | 66.72 | 58.17 | 32.42 | 30.44 | 3.05 | 4.1 | -2.64 | -31.77 | -53.6 | -96.44 | -665.14 | -694.27 | -658.84 | -643.95 | -159.87 |
Income Tax Expense | -0.01 | -0.28 | 0.48 | 0.15 | 0.46 | 0.74 | 1.06 | 0.37 | 1.27 | 0.84 | 0.89 | 1.71 | 2.87 | 2.18 | 3.08 | -2.28 | -5.93 | -4.76 | -4.81 | -0.13 |
Earnings From Continuing Operations | 216.69 | 172.52 | 134.53 | 123.15 | 63.85 | 65.98 | 57.12 | 32.05 | 29.17 | 2.22 | 3.2 | -4.35 | -34.64 | -55.78 | -99.52 | -662.86 | -688.33 | -654.09 | -639.14 | -159.74 |
Net Income to Company | 216.69 | 172.52 | 134.53 | 123.15 | 63.85 | 65.98 | 57.12 | 32.05 | 29.17 | 2.22 | 3.2 | -4.35 | -34.64 | -55.78 | -99.52 | -662.86 | -688.33 | -654.09 | -639.14 | -159.74 |
Minority Interest in Earnings | 0.66 | 1.14 | 1.44 | 1.8 | 1.88 | 1.73 | 1.85 | 0.76 | 0.7 | 2.12 | 3.34 | 2 | 4.74 | 5.28 | 6.03 | 21.65 | 19.69 | 17.96 | 16.97 | 23.07 |
Net Income | 217.35 | 173.67 | 135.97 | 124.95 | 65.72 | 67.71 | 58.97 | 32.81 | 29.87 | 4.34 | 6.55 | -2.35 | -29.9 | -50.5 | -93.48 | -641.21 | -668.64 | -636.13 | -622.17 | -136.67 |
Preferred Dividends & Other Adjustments | 3.49 | 2.6 | 2.09 | 1.7 | 1.46 | 1.52 | 1.21 | 1.13 | 1.07 | 1.09 | 1.11 | 2.95 | 2.89 | 2.82 | 2.54 | 0.43 | 0.21 | - | - | 3.74 |
Net Income to Common | 213.86 | 171.07 | 133.88 | 123.26 | 64.27 | 66.19 | 57.76 | 31.68 | 28.8 | 3.25 | 5.43 | -5.29 | -32.79 | -53.32 | -96.02 | -641.64 | -668.85 | -636.13 | -622.17 | -140.41 |
Net Income Growth (YoY) | 232.76% | 158.47% | 131.77% | 289.10% | 123.17% | 1939.60% | 963.21% | - | - | - | - | - | - | - | - | - | - | - | - | - |
Basic Shares Outstanding | 30 | 30 | 30 | 30 | 30 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 30 | 42 | 83 | 125 | 167 | 196 |
Diluted Shares Outstanding | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 30 | 42 | 83 | 125 | 167 | 196 |
Shares Change (YoY) | 0.76% | 0.26% | -0.39% | -1.44% | -2.15% | -1.95% | -1.09% | -0.15% | 0.54% | 1.59% | 4.18% | -25.73% | -62.65% | -75.30% | -82.02% | -78.60% | -57.38% | -35.78% | -12.17% | 6.46% |
EPS (Basic) | 7.08 | 5.65 | 4.41 | 4.06 | 2.11 | 2.16 | 1.87 | 1.02 | 0.92 | 0.10 | 0.17 | -0.17 | -1.05 | -1.73 | -3.20 | -15.26 | -8.02 | -5.09 | -3.72 | -0.71 |
EPS (Diluted) | 6.93 | 5.55 | 4.34 | 4.02 | 2.10 | 2.16 | 1.87 | 1.01 | 0.92 | 0.10 | 0.17 | -0.17 | -1.06 | -1.74 | -3.20 | -15.26 | -8.02 | -5.09 | -3.72 | -0.72 |
EPS Growth (YoY) | 230.46% | 156.59% | 132.20% | 297.30% | 128.05% | 2069.88% | 999.46% | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 | 1.800 | 1.750 | 1.700 | 1.650 | 1.600 | 1.600 | 1.600 | 1.575 | 1.550 | 1.525 | 1.500 | 1.375 | 1.250 | 1.125 | 0.750 | 0.500 | 0.250 | - | - | - |
Dividend Growth (YoY) | 12.50% | 9.38% | 6.25% | 4.76% | 3.23% | 4.92% | 6.67% | 14.54% | 24.00% | 35.56% | 100.00% | 175.00% | 400.00% | - | - | - | - | - | - | - |
Operating Margin | 27.50% | 26.43% | 24.17% | 23.27% | 23.92% | 23.69% | 25.67% | 24.88% | 23.37% | 20.50% | 17.44% | 14.37% | 11.85% | 9.82% | 8.33% | 8.98% | 14.06% | 18.62% | 22.06% | 28.54% |
Profit Margin | 36.36% | 29.36% | 23.15% | 22.26% | 11.91% | 12.53% | 11.20% | 6.05% | 5.46% | 0.61% | 1.01% | -0.97% | -5.94% | -9.53% | -17.05% | -112.54% | -114.48% | -108.97% | -107.85% | -24.45% |
EBITDA | 329.66 | 325.23 | 319.56 | 301.22 | 294.05 | 289.17 | 288.59 | 297.83 | 304.41 | 303.06 | 305.29 | 308.31 | 311.78 | 315.37 | 324.03 | 331.61 | 342.74 | 347.86 | 339.35 | 359.72 |
EBITDA Margin | 56.05% | 55.83% | 55.25% | 54.41% | 54.51% | 54.74% | 55.98% | 56.88% | 57.67% | 57.39% | 57.03% | 56.55% | 56.47% | 56.39% | 57.55% | 58.16% | 58.66% | 59.59% | 58.83% | 62.64% |
D&A For Ebitda | 167.94 | 171.23 | 179.79 | 172.4 | 164.99 | 164.01 | 156.26 | 167.56 | 181.06 | 194.81 | 211.93 | 229.99 | 246.34 | 260.45 | 277.11 | 280.42 | 260.58 | 239.18 | 212.08 | 195.8 |
EBIT | 161.72 | 154 | 139.77 | 128.81 | 129.06 | 125.15 | 132.34 | 130.27 | 123.35 | 108.25 | 93.36 | 78.32 | 65.45 | 54.92 | 46.92 | 51.19 | 82.16 | 108.68 | 127.27 | 163.93 |
EBIT Margin | 27.50% | 26.43% | 24.17% | 23.27% | 23.92% | 23.69% | 25.67% | 24.88% | 23.37% | 20.50% | 17.44% | 14.37% | 11.85% | 9.82% | 8.33% | 8.98% | 14.06% | 18.62% | 22.06% | 28.54% |
Funds From Operations (FFO) | 273.72 | 259.36 | 208.97 | 222.02 | 193.18 | 194.85 | 198.19 | 182.35 | 204.7 | 189.92 | - | 216.73 | 204.44 | 202.97 | - | -337.83 | -312.83 | -292.95 | - | 266.51 |
FFO Per Share | 8.81 | 8.36 | 6.74 | 7.22 | 6.30 | 6.33 | 6.40 | 5.81 | 6.46 | - | - | 6.78 | 6.40 | - | - | - | - | - | - | - |
Adjusted Funds From Operations (AFFO) | - | - | 223.57 | - | - | - | 207.29 | - | - | - | - | - | - | - | - | - | - | - | - | - |
AFFO Per Share | - | - | 7.21 | - | - | - | 6.69 | - | - | - | - | - | - | - | - | - | - | - | - | - |
FFO Payout Ratio | 13.22% | 11.27% | 25.09% | 22.94% | 38.47% | 38.29% | 25.41% | 65.90% | 24.21% | 62.67% | - | 20.28% | 57.70% | 17.65% | - | - | - | - | - | - |
Effective Tax Rate | - | - | 0.35% | 0.12% | 0.72% | 1.11% | 1.81% | 1.14% | 4.17% | 27.42% | 21.82% | - | - | - | - | - | - | - | - | - |
Revenue as Reported | 588.15 | 582.57 | 578.37 | 553.64 | 539.45 | 528.21 | 515.56 | 523.58 | 527.84 | 528.04 | 535.29 | 545.19 | 552.12 | 559.27 | 563.01 | 570.16 | 584.25 | 583.79 | 576.88 | 574.3 |