CTO Realty Growth, Inc. (CTO)

United States Steel Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	125.14	110.59	96.66	68.86	50.68	49.95
Property Management Fees	4.78	4.59	4.39	3.83	3.31	2.74
Other Revenue	0.54	1.98	3.98	5.46	13.43	0.65
Total Revenue	141	124.52	109.12	82.32	70.27	56.38
Revenue Growth (YoY	22.26%	14.11%	32.55%	17.14%	24.64%	25.46%
Property Expenses	36.38	33.22	30.18	22.86	22.43	15.21
Selling, General & Administrative	17.73	16.27	14.25	12.9	11.05	10.14
Depreciation & Amortization	72.23	65.05	44.17	28.86	20.58	19.06
Total Operating Expenses	126.43	114.54	88.6	64.61	54.06	44.42
Operating Income	14.56	9.98	20.52	17.71	16.21	11.97
Interest Expense	-24.38	-22.52	-22.36	-11.12	-8.93	-10.84
Interest & Investment Income	2.6	2.6	2.5	-	2.11	1.81
Other Non-Operating Income	1.14	1.09	4.19	2.47	-	-
EBT Excluding Unusual Items	-6.08	-8.86	4.85	9.07	9.39	2.94
Gain (Loss) on Sale of Investments	-2.42	-1.08	-4.7	-1.7	-7.26	-8.24
Gain (Loss) on Sale of Assets	-0.86	8.31	7.54	-7.04	28.32	9.75
Asset Writedown	-0.46	-0.68	-1.56	-	-	-9.15
Other Unusual Items	-20.4	-	-	-	-3.59	-0.29
Pretax Income	-30.21	-2.3	6.13	0.33	26.86	-4.99
Income Tax Expense	-0.06	-0.34	0.6	-2.83	-3.08	-83.5
Earnings From Continuing Operations	-30.15	-1.97	5.53	3.16	29.94	78.51
Net Income to Company	-30.15	-1.97	5.53	3.16	29.94	78.51
Net Income	-30.15	-1.97	5.53	3.16	29.94	78.51
Preferred Dividends & Other Adjustments	7.51	6.81	4.77	4.78	2.33	-
Net Income to Common	-37.66	-8.78	0.76	-1.62	27.62	78.51
Net Income Growth	-	-	75.11%	-89.45%	-61.86%	-31.71%
Basic Shares Outstanding	30	25	23	19	18	14
Diluted Shares Outstanding	30	25	23	19	18	14
Shares Change (YoY)	33.30%	12.75%	21.73%	4.70%	25.24%	-5.87%
EPS (Basic)	-1.25	-0.35	0.03	-0.09	1.56	5.56
EPS (Diluted)	-1.26	-0.35	0.03	-0.09	1.56	5.56
EPS Growth	-	-	-	-	-71.94%	-27.48%
Dividend Per Share	1.520	1.520	1.520	1.490	1.330	0.630
Dividend Growth	-	-	2.01%	12.03%	111.11%	43.18%
Operating Margin	10.33%	8.01%	18.80%	21.51%	23.07%	21.22%
Profit Margin	-26.71%	-7.05%	0.69%	-1.97%	39.30%	139.25%
EBITDA	85.1	74.77	67	48.73	36.39	29.28
EBITDA Margin	60.36%	60.05%	61.40%	59.19%	51.79%	51.92%
D&A For Ebitda	70.54	64.8	46.48	31.02	20.18	17.31
EBIT	14.56	9.98	20.52	17.71	16.21	11.97
EBIT Margin	10.33%	8.01%	18.80%	21.51%	23.07%	21.22%
Funds From Operations (FFO)	37.18	48.13	37.48	30.05	19.74	27.47
FFO Per Share	1.23	1.89	1.66	1.62	1.12	1.95
Adjusted Funds From Operations (AFFO)	-	50.77	43.07	33.93	25.68	26.22
AFFO Per Share	-	2.00	1.91	1.83	1.45	1.86
FFO Payout Ratio	127.49%	83.69%	91.42%	96.16%	119.46%	32.28%
Effective Tax Rate	-	-	9.85%	-	-	-
Revenue as Reported	141	124.52	109.12	82.32	70.27	56.38

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q