← CBL & ASSOCIATES PROPERTIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $172.9m |
$120.9m
-30.04%
|
($78.6m)
-164.96%
|
($108.8m)
-38.45%
|
($295.1m)
-171.27%
|
($470.6m)
-59.49%
|
($93.5m)
+80.14%
|
$6.5m
+107.00%
|
$59.0m
+800.86%
|
$136.0m
+130.57%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $128.0m |
$76.0m
-40.58%
|
($123.5m)
-262.34%
|
($153.7m)
-24.47%
|
($332.5m)
-116.37%
|
($470.6m)
-41.54%
|
($96.0m)
+79.60%
|
$5.4m
+105.66%
|
$57.8m
+963.21%
|
$133.9m
+131.77%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $195.5m | $159.0m | ($99.2m) | ($131.7m) | ($335.5m) | ($486.4m) | ($99.5m) | $3.2m | $57.1m | $134.5m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $739k | ($20.7m) | ($13.3m) | ($6.0m) | — | — | — | — | |
| Depreciation, Depletion and Amortization | $292.7m | $299.1m | $285.4m | $257.7m | $215.0m | $158.6m | $256.3m | $190.5m | $140.6m | $165.2m | $167.9m | |
| Amortization of Debt Issuance Costs | $5.0m | $5.9m | $6.1m | $7.0m | $5.5m | $814k | $2.7m | $4.6m | $4.6m | $4.1m | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | $8.3m | $8.8m | $1.9m | $117.5m | $23.8m | $10.5m | $29.5m | — | |
| Amortization of Intangible Assets | $8.7m | $13.3m | $13.3m | $4.5m | $1.5m | $1.2m | $152.2m | $106.0m | $67.0m | $81.9m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $20.8m | $21.4m | $15.7m | $14.6m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $20.8m | $21.4m | $15.7m | $14.6m | $13.6m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $277.1m | $211.9m | $156.3m | $179.8m | $167.9m | |
| Deferred Income Tax Expense (Benefit) | ($907k) | $4.5m | ($2.9m) | $2.7m | $14.6m | — | $1.1m | ($1.3m) | ($1.6m) | $11k | $204k | |
| Deferred Tax | — | — | — | — | — | — | $1.1m | ($1.3m) | ($1.6m) | $11k | $204k | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | $4.8m | $5.8m | $1.2m | $11.9m | $13.0m | $14.9m | $16.7m | $13.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $133k | $87k | $11k | $1.7m | $3.2m | $3.0m | $5.8m | — | |
| Share-based Payment Arrangement, Expense | $4.7m | $3.9m | $3.7m | $3.4m | — | — | — | — | — | — | $13.3m | |
| Equity Method Investment, Other than Temporary Impairment | — | $0 | — | $0 | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $1.1m | $39k | $1.7m | $3.2m | $1.7m | |
| Income (Loss) from Equity Method Investments | $117.5m | $22.9m | $14.7m | $4.9m | ($14.9m) | ($10.8m) | $19.8m | $11.9m | $22.9m | $53.3m | — | |
| Nonoperating Income (Expense) | — | — | — | ($46.5m) | ($224.7m) | ($450.1m) | ($146.5m) | ($92.5m) | ($74.3m) | ($2.0m) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($19.8m) | ($11.9m) | ($22.9m) | ($53.3m) | ($72.5m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($51.0m) | ($19.3m) | $4.1m | ($413k) | $9.6m | |
| Change In Receivables | — | — | — | — | — | — | ($10.5m) | ($3.8m) | ($2.4m) | ($1.9m) | ($10.2m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($40.2m) | ($16.8m) | ($8.5m) | ($6.3m) | $8.6m | |
| Increase (Decrease) in Other Operating Assets | — | — | — | $63k | $10.1m | ($368k) | $355k | ($1.2m) | ($15.0m) | ($7.8m) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($355k) | $1.2m | $15.0m | $7.8m | $11.2m | |
| Net Cash Provided by (Used in) Operating Activities | — | — | — | $273.4m |
$133.4m
-51.22%
|
$107.1m
-19.72%
|
$208.2m
+94.50%
|
$183.5m
-11.87%
|
$202.2m
+10.19%
|
$249.7m
+23.47%
|
$282.9m
+13.31%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Investments | $7.5m | ($6.2m) | — | $67.2m | — | $55.1m | $36.2m | $47.9m | — | $33.9m | ($53.8m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | $3.0m | $1.3m | $4.5m | $4.2m | $2.7m | $2.5m | $2.3m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($3.4m) | ($2.4m) | $7.4m | ($1.9m) | ($651k) | |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | $24.6m | ($280.4m) | $247.5m | ($156.7m) | $1.7m | $65.0m | ($115.1m) | ($161.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $30.9m | — | $71.7m | $32.5m | — | $7.3m | $3.3m | ($819k) | ($217k) | — | |
| Repayments of Long-term Debt | — | $427.2m | $17.3m | — | — | — | — | — | — | — | ($1.0b) | |
| Issuance Of Debt | — | — | — | — | — | — | $425.0m | $0 | $0 | $188.0m | $1.0b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $425.0m | $0 | $0 | $188.0m | $1.0b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($524.2m) | ($79.0m) | ($146.3m) | ($219.3m) | ($1.0b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($99.2m) | ($79.0m) | ($146.3m) | ($31.3m) | ($4.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($99.2m) | ($79.0m) | ($146.3m) | ($31.3m) | ($4.5m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($524.2m) | ($79.0m) | ($146.3m) | ($219.3m) | ($1.0b) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | $1.1m | $36.5m | $18.1m | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | $26 | — | — | $24 | $118 | $50 | $77 | ($66.3m) | |
| Proceeds from Issuance of Common Stock | — | — | — | $40k | $5k | — | — | — | — | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($23.9m) | ($118.1m) | ($50.4m) | ($77.1m) | ($66.3m) | |
| Common Stock Payments | — | — | — | — | — | — | $0 | ($1.1m) | ($36.5m) | ($18.1m) | ($19.4m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | ($1.1m) | ($36.5m) | ($18.1m) | ($19.4m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | ($1.1m) | ($36.5m) | ($18.1m) | ($19.4m) | |
| Dividends Payable | $45 | $34 | $34 | — | — | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($23.9m) | ($118.1m) | ($50.4m) | ($77.1m) | ($66.3m) | |
| Dividend Received CFO | — | — | — | — | — | — | $23.9m | $18.4m | $20.7m | $44.3m | $43.9m | |
| Dividends Received CFI | — | — | — | — | — | — | $25.5m | $5.3m | $5.1m | $11.1m | $22.4m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($22.8m) | ($5.9m) | ($3.4m) | ($9.0m) | ($33.0m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | ($296.4m) |
$209.7m
+170.74%
|
($146.0m)
-169.62%
|
($145.8m)
+0.13%
|
($204.1m)
-39.98%
|
($236.5m)
-15.88%
|
($135.4m)
+42.74%
|
($123.2m)
+9.02%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $1.5m | $62.7m | $208.6m | ($94.2m) | ($18.9m) | $30.7m | ($852k) | $202.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $236.2m | $141.9m | $123.1m | $153.8m | $204.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $59.1m | $121.7m | $330.3m | $141.9m | $123.1m | $153.8m | $153.0m | $202.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | — | — | — | $15.5m | $590k | $1.7m | $18.8m | $693k | $273k | $5.0m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $209.6m | $220.1m | $205.0m | $198.3m | $125.4m | $43.2m | $124.1m | $136.1m | $131.3m | $136.1m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | $67.2m | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Real Estate, Discontinued Operations | — | — | — | $8.2m | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | $61.8m | ($7.9m) | ($932k) | $304k | $2.3m | $553k | $0 | — | |
| Gains (Losses) on Sales of Investment Real Estate | $29.6m | $93.8m | $19.0m | $16.3m | $4.7m | $12.2m | $5.3m | $5.1m | — | — | — | |
| General and Administrative Expense | $63.3m | $58.5m | $61.5m | $64.2m | $53.4m | $43.2m | $67.2m | $64.1m | $67.3m | $69.0m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $195.5m | $157.0m | — | ($131.7m) | ($335.5m) | ($486.4m) | ($99.5m) | $3.2m | — | — | — | |
| Income Tax Expense (Benefit) | ($2.1m) | ($1.9m) | ($1.6m) | $3.2m | $16.8m | $1.1m | $3.1m | $894k | $1.1m | $475k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $154.5m | $176.0m | — | |
| Operating Lease, Lease Income | — | — | — | $736.9m | $554.1m | $450.9m | $542.2m | $514.0m | $493.9m | $559.0m | — | |
| Proceeds from Contributions from Affiliates | — | — | — | $4.7m | $692k | $298k | $589k | $117k | $13k | $2.0m | — | |
| Real Estate Tax Expense | — | — | — | $75.5m | $69.7m | $50.8m | $57.1m | $54.8m | $47.4m | $57.5m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($145.8m) | ($204.1m) | ($236.5m) | ($135.4m) | ($123.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($156.7m) | $1.7m | $65.0m | ($115.1m) | ($161.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($94.2m) | ($18.9m) | $30.7m | ($852k) | — | |
| Changes In Cash | — | — | — | — | — | — | ($94.2m) | ($18.9m) | $30.7m | ($852k) | ($1.9m) | |
| End Cash Position | — | — | — | — | — | — | $141.9m | $123.1m | $153.8m | $153.0m | $202.6m | |
| Financing Cash Flow | — | — | — | — | — | — | ($145.8m) |
($204.1m)
-39.98%
|
($236.5m)
-15.88%
|
($135.4m)
+42.74%
|
($123.2m)
+9.02%
|
|
| Free Cash Flow | — | — | — | — | — | — | $208.2m | $183.5m | $202.2m | $249.7m | $282.9m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($5.3m) | ($5.1m) | ($16.7m) | ($74.2m) | ($53.8m) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | ($36.2m) | ($47.9m) | $0 | ($33.9m) | ($75.1m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($156.7m) | $1.7m | $65.0m | ($115.1m) | ($161.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($3.3m) | ($10.9m) | ($9.5m) | ($4.4m) | ($4.1m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($35.2m) | ($33.0m) | $43.3m | ($68.9m) | ($164.9m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($140.3m) | $42.8m | $18.8m | ($50.9m) | ($14.4m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($68.7m) | ($68.1m) | ($38.8m) | ($161.1m) | ($201.4m) | |
| Other Non Cash Items | — | — | — | — | — | — | $112.3m | $25.6m | ($12.1m) | $32.6m | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($741.0m) | ($312.8m) | ($360.8m) | ($416.2m) | ($776.6m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($44.8m) | ($42.9m) | ($36.2m) | ($237.8m) | ($776.6m) | |
| Sale Of Investment | — | — | — | — | — | — | $600.7m | $355.5m | $379.6m | $365.3m | $762.2m | |
| Sale Of Investment Properties | — | — | — | — | — | — | $9.6m | $9.8m | $79.4m | $168.9m | $762.2m | |
| Stock Based Compensation | — | — | — | — | — | — | $11.9m | $13.0m | $14.9m | $16.7m | $13.3m |