Kimco Realty 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	2,168	2,121	2,019	1,767	1,711	1,350
Property Management Fees	18.72	18.72	17.95	16.34	16.84	14.88
Total Revenue	2,187	2,140	2,037	1,783	1,728	1,365
Revenue Growth (YoY	4.41%	5.06%	14.22%	3.23%	26.61%	28.99%
Property Expenses	679.48	662.33	637.65	556.72	530.91	417.91
Selling, General & Administrative	133.31	133.02	138.14	136.81	119.53	104.12
Depreciation & Amortization	617.82	627.09	603.69	507.27	505	395.32
Other Operating Expenses	-	-	-	-11.09	0.6	-
Total Operating Expenses	1,431	1,422	1,379	1,190	1,156	917.35
Operating Income	756.52	717.68	657.54	593.7	571.64	447.23
Interest Expense	-335.65	-330.2	-307.81	-250.2	-226.82	-204.13
Interest & Investment Income	51.55	50.96	29.53	206.08	18	16.96
Income (Loss) on Equity Investments	113.62	100.22	93.65	82.99	126.88	107.95
Other Non-Operating Income	-4.31	2.05	28.07	16.91	11.43	2.85
EBT Excluding Unusual Items	581.73	540.71	500.98	649.47	501.13	370.86
Merger & Restructuring Charges	-	-	-25.25	-4.77	-	-50.19
Gain (Loss) on Sale of Investments	0	0	-27.68	21.26	-315.51	505.16
Gain (Loss) on Sale of Assets	39.92	62.66	1.27	74.98	15.18	30.84
Asset Writedown	-8	-9.52	-4.48	-14.04	-21.96	-3.6
Other Unusual Items	-	-	-	-	-7.66	-
Pretax Income	613.66	593.86	444.86	726.9	171.19	853.08
Income Tax Expense	-0.02	1.05	25.42	60.95	56.65	3.38
Earnings From Continuing Operations	613.68	592.81	419.44	665.95	114.53	849.7
Net Income to Company	613.68	592.81	419.44	665.95	114.53	849.7
Minority Interest in Earnings	-6.55	-8.07	-8.65	-11.68	11.44	-5.64
Net Income	607.13	584.74	410.79	654.27	125.98	844.06
Preferred Dividends & Other Adjustments	33.38	33.57	39.52	25.52	27.4	28.46
Net Income to Common	573.75	551.17	371.26	628.76	98.58	815.6
Net Income Growth	2.62%	48.46%	-40.95%	537.84%	-87.91%	-16.02%
Basic Shares Outstanding	673	675	672	617	616	506
Diluted Shares Outstanding	673	675	672	618	618	511
Shares Change	-0.23%	0.47%	8.72%	0.06%	20.82%	18.48%
EPS (Basic)	0.85	0.82	0.55	1.02	0.16	1.61
EPS (Diluted)	0.85	0.82	0.55	1.02	0.16	1.60
EPS Growth	3.60%	48.41%	-45.93%	535.73%	-90.01%	-28.86%

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	1.030	1.010	0.970	0.930	0.840	0.680
Dividend Growth	4.04%	4.12%	4.30%	10.71%	23.53%	25.93%
Operating Margin	34.59%	33.53%	32.28%	33.29%	33.09%	32.77%
Profit Margin	26.23%	25.75%	18.23%	35.26%	5.71%	59.77%
EBITDA	1,332	1,310	1,232	1,079	1,060	824.61
EBITDA Margin	60.91%	61.21%	60.46%	60.51%	61.33%	60.43%
D&A For Ebitda	575.59	592.35	573.98	485.51	487.91	377.38
EBIT	756.52	717.68	657.54	593.7	571.64	447.23
EBIT Margin	34.59%	33.53%	32.28%	33.29%	33.09%	32.77%
Funds From Operations (FFO)	1,215	1,194	1,112	-	-	-
FFO Per Share	1.80	1.76	1.65	-	-	-
Adjusted Funds From Operations (AFFO)	-	1,001	919.74	-	-	-
AFFO Per Share	-	1.47	1.35	-	-	-
Effective Tax Rate	-	0.18%	5.71%	8.38%	33.09%	0.40%
Revenue as Reported	2,187	2,140	2,037	1,783	1,728	1,365

SEC Filings: 10-K · 10-Q