Regency Centers Corporation (REG)

Regency Centers 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	1,451	1,411	1,284	1,187	1,113	980.17
Property Management Fees	28.8	27.87	26.95	25.85	40.34	26.5
Other Revenue	68.52	64.04	58.95	57.8	50.16	41.26
Total Revenue	1,548	1,503	1,370	1,271	1,204	1,048
Revenue Growth (YoY	6.08%	9.74%	7.77%	5.58%	14.88%	-10.02%
Property Expenses	443.58	433.05	394.77	345.94	326.68	313.08
Selling, General & Administrative	98.18	101.47	97.81	79.9	78.22	75
Depreciation & Amortization	392.47	394.71	352.28	319.7	303.33	345.9
Other Operating Expenses	8.05	6.32	8.56	6.21	4.71	13
Total Operating Expenses	938.47	935.55	853.42	751.75	712.94	746.98
Operating Income	609.46	567.74	516.43	519.35	490.93	300.96
Interest Expense	-198.04	-189.75	-156.21	-146.19	-145.17	-156.68
Interest & Investment Income	8.75	15.81	7.63	-	5.46	5.31
EBT Excluding Unusual Items	420.17	393.8	367.84	373.16	351.22	149.59
Impairment of Goodwill	-	-	-	-	-	-132.13
Gain (Loss) on Sale of Investments	0.91	0.91	3.16	5.83	9.38	2.41
Gain (Loss) on Sale of Assets	11.49	34.16	0.66	109.01	91.12	67.47
Asset Writedown	-15.57	-14.3	-	-	-84.39	-18.54
Other Unusual Items	-	-0.18	0.1	-	-	-21.84
Pretax Income	417	414.39	371.76	488	367.33	46.96
Income Tax Expense	4.55	4.55	0.9	-0.04	1.04	-0.36
Earnings From Continuing Operations	412.46	409.84	370.87	488.04	366.29	47.32
Minority Interest in Earnings	-8.9	-9.45	-6.31	-5.17	-4.88	-2.43
Net Income	403.55	400.39	364.56	482.87	361.41	44.89
Preferred Dividends & Other Adjustments	13.65	13.65	5.06	-	-	-
Net Income to Common	389.9	386.74	359.5	482.87	361.41	44.89
Net Income Growth	2.70%	9.83%	-24.50%	33.61%	705.12%	-81.25%
Basic Shares Outstanding	181	183	176	171	170	169
Diluted Shares Outstanding	182	183	176	172	171	169
Shares Change (YoY)	-0.57%	3.78%	2.67%	0.64%	0.73%	1.01%
EPS (Basic)	2.15	2.12	2.04	2.82	2.12	0.27
EPS (Diluted)	2.14	2.11	2.04	2.81	2.12	0.26
EPS Growth	2.52%	3.43%	-27.40%	32.55%	715.38%	-81.81%
Dividend Per Share	2.785	2.715	2.620	2.525	2.410	2.380
Dividend Growth	4.70%	3.63%	3.76%	4.77%	1.26%	1.71%
Operating Margin	39.37%	37.77%	37.70%	40.86%	40.78%	28.72%
Profit Margin	25.19%	25.73%	26.24%	37.99%	30.02%	4.28%
EBITDA	980.01	939.75	839.58	818.05	771.32	606.32
EBITDA Margin	63.31%	62.51%	61.29%	64.36%	64.07%	57.86%
D&A For Ebitda	370.55	372.01	323.15	298.7	280.4	305.36
EBIT	609.46	567.74	516.43	519.35	490.93	300.96
EBIT Margin	39.37%	37.77%	37.70%	40.86%	40.78%	28.72%
Funds From Operations (FFO)	817.44	790.89	736.09	-	-	-
FFO Per Share	4.47	4.30	4.15	-	-	-
Adjusted Funds From Operations (AFFO)	-	649.37	612.18	-	-	-
AFFO Per Share	-	3.53	3.45	-	-	-
FFO Payout Ratio	61.01%	62.00%	61.55%	-	-	-
Effective Tax Rate	1.09%	1.10%	0.24%	-	0.28%	-
Revenue as Reported	1,495	1,454	1,322	1,224	1,166	1,016

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q