JBG SMITH Properties (JBGS)
NYSE: JBGS · Real-Time Price · USD
16.84
+0.22 (1.32%)
Jan 30, 2026, 4:00 PM EST - Market closed
JBG SMITH Properties Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Rental Revenue | 420.42 | 456.95 | 483.16 | 491.74 | 499.59 | 458.96 |
Other Revenue | 80.81 | 89.94 | 122.64 | 115.96 | 156.61 | 123.43 |
| 501.23 | 546.89 | 605.8 | 607.7 | 656.19 | 582.39 | |
Revenue Growth (YoY | -11.61% | -9.72% | -0.31% | -7.39% | 12.67% | -9.90% |
Property Expenses | 251.29 | 273.48 | 290.67 | 306.7 | 328.62 | 331.41 |
Selling, General & Administrative | 60.43 | 58.79 | 55.39 | 63.67 | 70.14 | 78.31 |
Depreciation & Amortization | 193.28 | 208.18 | 210.2 | 213.77 | 236.3 | 221.76 |
Total Operating Expenses | 505 | 540.45 | 556.25 | 584.14 | 635.07 | 631.48 |
Operating Income | -3.77 | 6.44 | 49.55 | 23.55 | 21.13 | -49.09 |
Interest Expense | -142.22 | -134.07 | -108.66 | -75.93 | -67.96 | -62.32 |
Interest & Investment Income | 252.85 | 258.1 | 8.8 | 4.22 | - | - |
Other Non-Operating Income | - | - | - | - | 5.24 | -0.63 |
EBT Excluding Unusual Items | 106.86 | 130.47 | -50.31 | -48.16 | -41.6 | -112.04 |
Gain (Loss) on Sale of Investments | -254.46 | -253.2 | -27.62 | -4.9 | -20.3 | - |
Gain (Loss) on Sale of Assets | 49.34 | -2.75 | 79.34 | 161.89 | 11.29 | 59.48 |
Asset Writedown | -82.26 | -55.43 | -90.23 | - | -25.14 | -10.23 |
Total Legal Settlements | - | - | 6 | - | - | - |
Other Unusual Items | -0.77 | 3.92 | -9.19 | -8.58 | -10.43 | -8.73 |
Pretax Income | -181.29 | -176.99 | -92.01 | 100.25 | -86.18 | -71.53 |
Income Tax Expense | 1.45 | 0.76 | -0.3 | 1.26 | 3.54 | -4.27 |
Earnings From Continuing Operations | -182.73 | -177.75 | -91.71 | 98.99 | -89.73 | -67.26 |
Minority Interest in Earnings | 29.32 | 34.23 | 11.73 | -13.62 | 10.47 | 4.96 |
Net Income | -153.41 | -143.53 | -79.98 | 85.37 | -79.26 | -62.3 |
Preferred Dividends & Other Adjustments | 1.77 | 2.46 | 2.05 | 1.86 | 2.85 | 3.1 |
Net Income to Common | -155.18 | -145.99 | -82.03 | 83.51 | -82.11 | -65.4 |
Basic Shares Outstanding | 74 | 88 | 105 | 119 | 131 | 133 |
Diluted Shares Outstanding | 74 | 88 | 105 | 119 | 131 | 133 |
Shares Change (YoY) | -19.12% | -15.95% | -11.69% | -9.04% | -1.96% | 2.11% |
EPS (Basic) | -2.11 | -1.65 | -0.78 | 0.70 | -0.63 | -0.49 |
EPS (Diluted) | -2.11 | -1.65 | -0.78 | 0.70 | -0.63 | -0.49 |
Dividend Per Share | 0.700 | 0.700 | 0.850 | 0.900 | 0.900 | 0.900 |
Dividend Growth | - | -17.65% | -5.56% | - | - | - |
Operating Margin | -0.75% | 1.18% | 8.18% | 3.88% | 3.22% | -8.43% |
Profit Margin | -30.96% | -26.69% | -13.54% | 13.74% | -12.51% | -11.23% |
EBITDA | 180.25 | 204.19 | 254.44 | 235.74 | 256.24 | 172.22 |
EBITDA Margin | 35.96% | 37.34% | 42.00% | 38.79% | 39.05% | 29.57% |
D&A For Ebitda | 184.02 | 197.75 | 204.89 | 212.18 | 235.11 | 221.31 |
EBIT | -3.77 | 6.44 | 49.55 | 23.55 | 21.13 | -49.09 |
EBIT Margin | -0.75% | 1.18% | 8.18% | 3.88% | 3.22% | -8.43% |
Funds From Operations (FFO) | 24.97 | 55.63 | 140.39 | 156.05 | 159.35 | 115.95 |
FFO Per Share | - | 0.63 | 1.33 | - | - | - |
Adjusted Funds From Operations (AFFO) | - | 56.8 | 141.72 | 156.05 | 159.35 | 115.95 |
AFFO Per Share | - | 0.64 | 1.35 | - | - | - |
FFO Payout Ratio | 211.77% | 111.47% | 66.96% | 69.01% | 74.12% | 103.50% |
Effective Tax Rate | - | - | - | 1.26% | - | - |
Revenue as Reported | 501.82 | 547.31 | 604.2 | 605.82 | 634.36 | 602.72 |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.