SITE Centers Corp. (SITC)

SITE 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	118.9	269.29	444.06	464.25	490.8	414.86
Property Management Fees	19.2	8.18	8.55	14.97	42.07	45.47
Other Revenue	1.87	1.47	4.58	22.26	49.42	1.11
Total Revenue	139.96	278.93	457.2	501.48	582.28	461.44
Revenue Growth (YoY	-48.31%	-38.99%	-8.83%	-13.88%	26.19%	-10.89%
Property Expenses	52.78	95.66	143.81	154.61	152.79	138.4
Selling, General & Administrative	30.59	47.08	45.87	46.56	55.05	52.88
Depreciation & Amortization	50	101.34	180.61	177.01	185.77	170.67
Total Operating Expenses	133.37	244.09	370.29	378.19	393.61	361.95
Operating Income	6.59	34.84	86.91	123.3	188.67	99.49
Interest Expense	-20.69	-59.46	-80.48	-76.07	-76.38	-77.6
Interest & Investment Income	4.27	31.62	4.35	-	-	11.89
Other Non-Operating Income	-4.36	-6.6	1.27	-1.95	-1.19	-18.4
EBT Excluding Unusual Items	-14.19	0.41	12.04	45.27	111.11	15.37
Gain (Loss) on Sale of Investments	-2.72	1.29	5.75	51.21	17.07	26.48
Gain (Loss) on Sale of Assets	162.72	633.22	218.66	46.64	6.07	1.07
Asset Writedown	-106.57	-66.6	-	-2.54	-7.27	-5.2
Other Unusual Items	-1.08	-41.79	-0.05	-0.58	-	-
Pretax Income	38.16	526.53	231.39	140.01	126.97	37.72
Income Tax Expense	0.55	0.76	2.05	0.82	1.55	1.13
Earnings From Continuing Operations	37.61	525.76	229.35	139.19	125.42	36.59
Earnings From Discontinued Operations	-	6.06	36.37	29.6	-	-
Net Income to Company	37.61	531.82	265.72	168.79	125.42	36.59
Minority Interest in Earnings	-	-	-0.02	-0.07	-0.48	-0.87
Net Income	37.61	531.82	265.7	168.72	124.94	35.72
Preferred Dividends & Other Adjustments	8.94	18.09	11.76	11.64	19.38	20.74
Net Income to Common	28.67	513.74	253.94	157.08	105.55	14.99
Net Income Growth	-94.88%	100.16%	57.48%	35.05%	249.75%	-64.53%
Basic Shares Outstanding	52	52	52	53	52	48
Diluted Shares Outstanding	52	53	52	53	52	48
Shares Change (YoY)	0.00%	0.34%	-1.99%	2.27%	7.93%	5.74%
EPS (Basic)	0.55	9.81	4.85	2.95	2.03	0.31
EPS (Diluted)	0.54	9.77	4.85	2.94	2.03	0.31
EPS Growth	-96.04%	101.37%	64.75%	45.02%	554.66%	-76.51%
Dividend Per Share	-	1.040	2.080	2.080	1.880	1.000
Dividend Growth	-	-50.00%	-	10.64%	88.00%	-68.75%
Operating Margin	4.71%	12.49%	19.01%	24.59%	32.40%	21.56%
Profit Margin	20.49%	184.18%	55.54%	31.32%	18.13%	3.25%
EBITDA	56.6	165.75	299.37	326.84	374.44	270.16
EBITDA Margin	40.44%	59.42%	65.48%	65.18%	64.31%	58.55%
D&A For Ebitda	50	130.9	212.46	203.55	185.77	170.67
EBIT	6.59	34.84	86.91	123.3	188.67	99.49
EBIT Margin	4.71%	12.49%	19.01%	24.59%	32.40%	21.56%
Funds From Operations (FFO)	27.43	79.44	240.2	-	-	-
FFO Per Share	0.52	1.51	4.58	-	-	-
Adjusted Funds From Operations (AFFO)	-	79.44	240.2	-	-	-
AFFO Per Share	-	1.51	4.58	-	-	-
Effective Tax Rate	1.43%	0.14%	0.88%	0.58%	1.22%	3.00%
Revenue as Reported	138.09	277.47	452.62	479.22	532.86	460.33

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q